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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,900
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
Large 7,800 SQ FT (60 x 130) urban residential R-3 zone lot that is uniquely situated on a quiet no thru street in a family orientated neighborhood in Shawnigan Lake Village. This peek-a-boo lake view building lot is just steps to the Lake and the Gov dock at Shawnigan Wharf Park where there’s a boat launch and a beach with an enclosed swimming area, a volleyball court, picnic area, fishing and seasonal portable toilet facilities. The pre-construction site preparation has already been completed and included site clearing, excavation, compaction, newly installed engineered wastewater and stormwater management (septic) system, perimeter drainage, retaining walls, and hydro power pole with electrical panel and Shaw box. A great recreational home or forever home would work nicely on this property. (id:39198)
Location
Province
British Columbia
City
Shawnigan Lake
Address
2722 Gibson Pl
Postal Code
V0R2W0
Location Highlights
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Listed by
Pemberton Holmes - Sooke 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
$549,900
Asking Price
$549,900
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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