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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,000
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
A rare opportunity to own 10 acres of Agricultural Land Reserve. Acres of untouched forested land boasting a gentle stream that eases through the property & plenty possibilities for building locations. Two drilled wells are on the property (buyer to verify). Internet, power & cable at the road side. Septic & other services will need to be installed. With access via seaplane or BC Ferries, Mayne Island is considered one of the premier destinations in the Southern Gulf Islands. Simple, quaint & unchanged for years, Mayne Island has all the amenities & services you require such as a medical centre, fire hall, Home Hardware, grocery stores, restaurants & resorts. Mayne Island is waiting for you, time to get busy living. Please have your realtor contact the listing agent for more information. (id:39198)
Location
Province
British Columbia
City
Mayne Island
Address
281 Merryman Drive
Postal Code
V0N2J2
Location Highlights
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Listed by
Heller Murch 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
$849,000
Asking Price
$849,000
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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