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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,500,000
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
DEVELOPMENT OPPORTUNITY - 2.5 ACRES. This land is an integral piece of Horse Hamlet and the Silver Valley Area Plan. Available for the first time in more than 50 years. With over 600ft of road frontage this site can be developed with the adjacent properties, already in the application process. City services are ready to be brought over from next door at Fern Grove and the existing road to be pushed through. Land requires development application and rezoning. Buyer to make their own inquiries. Minutes from Golden Ears Provincial Park and all of the amenities the city has to offer. Please do not enter or walk on the property. Showings by appointment only. (id:39198)
Location
Province
British Columbia
City
Maple Ridge
Address
24115 Fern Crescent
Postal Code
V4R2S1
Location Highlights
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Listed by
Stilhavn Real Estate Services 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
$6,500,000
Asking Price
$6,500,000
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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