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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$138,800
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
Check out this rare opportunity to get into a commercial lot with an affordable price point. Located on a busy street in South Fort George. C6 zoning allows for many different options like brewery, garden supply, community care facility, education, greenhouse, health service, office space, parking, recreation, recycling center, restaurant, many retail services, service station, vet, vehicle wash/sale/repair/rental and financial/massage/household repair/personal/grooming/day care services. It also permitted one residential unit in conjunction with the business. All services are at the lot line and there is also back lane access allowing all sorts of different parking options on the lot. (id:39198)
Location
Province
British Columbia
City
Prince George
Address
2648 Queensway
Postal Code
V2L5R5
Location Highlights
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Listed by
RE/MAX Crest 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
$138,800
Asking Price
$138,800
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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