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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,980,000
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
NO VACANCY TAX. NO FOREIGNER TAX. Virgin Water front holding property. Site rental is available and water near the dock is 10' deep. Upland with 445' of first water right to apply for different usages. Total 31,188 sf. of IL Light Industrial zoned land with unobstructive water and Northshore mountain view. FAR 1:1 Seller will consider Trade for desperate vacant property in GVRD and can do owner finance. Only $200/sf. IL zone land. Site at No.5/River, Long term lease is also available. Minutes from the Casino, Home Depot, Ikea and the Night Market. Parking easily for over 15 cars along the strip. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
11771 River Road
Postal Code
V6X1Z7
Location Highlights
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Listed by
RE/MAX City 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
$3,980,000
Asking Price
$3,980,000
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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