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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,488,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Welcome to the Trove, a private gated secured community! The development is truly one of its kind in BC and this unit is perfect for hosting those unforgettable gatherings. Experience this luxurious space improved with top quality furnishings, appliances and A/V technology. Every detail has been meticulously crafted for comfort and style. Culinary bliss designed for gourmet cooking and/or entertaining guest; sleek Leicht kitchen design, equipped with Gaggenau induction cooktop ft. a retractable ventilation for a seamless look, built in steam oven (w/sous vide), automatic espresso maker & ample counter space. Unwind & glaze under the stars with a stunning stretch ceiling on the Mezz. Super accessible to Hwy 99/91, airport, the US Border and DT Vancouver. Concrete construction, the unit features 18'4" ceilings, mezz area and grade level loading (10ft wide garage)! Complex includes an exclusive clubhouse with a huge outdoor patio. Great for those looking for an unique investment opportunity or an oasis. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
136 13880 Wireless Way
Postal Code
V6V0A3
Location Highlights
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Listed by
Oakwyn Realty Ltd. British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,716
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,488,000
Asking Price
$1,488,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,716
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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