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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,000
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
Fabulous opportunity to own in the very much conveted King and Castle Subdivision in the heart of Gibsons.This subdivision of 15 lots sold out very fast when they were originally listed for sale. Lot 13 (1258 Castle) is located at the very rear of the subdivision, and set far back from any main roads making this an extremely peaceful and quiet location. Build the home of your dreams on this very spacious half acre lot. The current owner has building plans available and will also build or modify current plans to suit. With close proximity to trails, schools, shopping, breweries, restaurants and much more! Contact me today for more details! (id:39198)
Location
Province
British Columbia
City
Gibsons
Address
1258 Castle Road
Postal Code
V0N1V5
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
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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
$549,000
Asking Price
$549,000
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)
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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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