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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$212,000
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
Incredible oversized .70 of an acre lot. Don't miss out on building your dream home in one of the best neighborhoods in The Nicola Valley! This lot offers great building potential, close to shopping amenities and is overlooking the Nicola River giving you endless mountain/river views. All services to be connected at the lot line by the Buyer. Lot is not located in the City of Merritt Flood Plain. Call today for more information. Measurements are approximate. (id:39198)
Location
Province
British Columbia
City
Merritt
Address
2488 Spring Bank Ave
Postal Code
V1K1S1
Location Highlights
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Listed by
RE/MAX LEGACY 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
$212,000
Asking Price
$212,000
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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