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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$418,600
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
Excellent location for your business! Downtown location, close to shopping. Currently used as a law office but C2 zoning allows for lots of options! Several offices with skylights keeps it light and bright. Spacious reception area with ample seating. Kitchen area, and basement area with concrete floor for lots of storage. Street parking as well as 2/3 spaces at the back of the building. Equipment package available for furnishings. Bring your ideas! Easy to show, easy to own! (id:39198)
Location
Province
British Columbia
City
Princeton
Address
203 Vermillion Avenue
Postal Code
V0X1W0
Location Highlights
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Listed by
Royal LePage Princeton Realty 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
$418,600
Asking Price
$418,600
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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