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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,500,000
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
Prime agricultural property in Summerland, BC offering possibility for multiple revenue streams. This remarkable real estate boasts stunning views, high exposure off the highway, and historic significance as the first operating winery in British Columbia. Spanning 14 acres, it features 2.8 acres of vineyards, a 20,000 sqft warehouse, a well-appointed winery building with private tasting rooms, offices, and production area, plus a detached garage/workshop and ample storage. With M3 Agri-Industrial zoning within the Agricultural Land Reserve, this property presents immense potential for growth and success. Ideal for investment, it combines natural beauty, outstanding infrastructure, and a thriving agricultural enterprise. (id:39198)
Location
Province
British Columbia
City
Summerland
Address
17403 Hwy 97
Postal Code
V0H1Z6
Location Highlights
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Listed by
Chamberlain Property Group 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
0
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
$6,500,000
Asking Price
$6,500,000
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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