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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$595,000
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
Much preparation completed at significant cost on this sunny & tranquil 1.17-acre lot situated at the end of a quiet cul-de-sac in Starlight Grove, Silver Spray. Carefully terraced landscape, preparation & earth moving completed, its ready for your own custom foundations & a 240’ driveway cut in. 200amp service with 2 telegraph poles installed & municipal water is available. The clearing was carried out with careful consideration to minimize impact on the site while optimizing the view. During the construction of your new home there is a large trailer to use as storage with power, gas, working fridge, stove, outlets & a. This property is perfect for full-time or part time living, if you are an outdoor enthusiast, organic gardener or seeking relaxation this is your piece of paradise. If that isn’t enough the lot borders East Sooke Park which is 3600+ acres and you can enjoy the best hiking, kayaking, fishing at your doorstep due to the proximity to the strait of Juan de Fuca. (id:39198)
Location
Province
British Columbia
City
Sooke
Address
1235 Starlight Grove
Postal Code
V9Z1L8
Location Highlights
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Listed by
Greenaway 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
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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
$595,000
Asking Price
$595,000
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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