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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,000
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
60' x 120' level fully fenced with chain link fencing, large garden area, lane access with double gates at front and back of lot. Elementary school is one lot away, grocery store is less than 1/2 a block away. Within walking distance to enjoy swimming in the river in the summer or enjoy the park across the street from the store. 12' x 20' garage/shop is has a concrete floor making it a perfect man cave! Build your dream home on this amazing lot! Zoned R2. (id:39198)
Location
Province
British Columbia
City
Grindrod
Address
177 4th Avenue
Postal Code
V0E1Y0
Location Highlights
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Listed by
Century 21 Excellence 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
$199,000
Asking Price
$199,000
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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