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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,900,000
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
1.13 ACRES FUTURE ZONING BUSINESS PARK/LIGHT INDUSTRIAL- Highway 99 Corridor plan. Prime property on 20th Avenue boasts strategic proximity to key transportation arteries, including designated truck routes to the US and Convenient access to International Airports. Uses include office and service purposes, wholesale, warehousing, and light manufacturing. The neighboring property is currently undergoing the permitting process for a 138,822 sqft storage facility! Call for details! (id:39198)
Location
Province
British Columbia
City
Surrey
Address
16216 20 Avenue
Postal Code
V3Z9M8
Location Highlights
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Listed by
Royal LePage Northstar Realty (S. Surrey) 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
$4,900,000
Asking Price
$4,900,000
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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