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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,000,000
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
RARE OPPORTUNITY!! 2 Assembled Lots. 12000sqft Development Site in Central Downtown Squamish. Site Boasts Great Views of the Chief and surrounding mountains Prime location in the Center of Town beside the Park and has easy access to the exciting activities that Squamish is famous for, including hiking, mountain biking, golfing and kite surfing. Walking distance to shops, restaurants and entertainment. OCP Designation allows for 6 story 3.0FAR Residential Building with commercial on the Main Floor.(same as next door (32 units currently under construction)). Do not disturb Tenants. (id:39198)
Location
Province
British Columbia
City
Squamish
Address
37972-37978 Second Avenue
Postal Code
V0N3G0
Location Highlights
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Listed by
Angell, Hasman & Associates (The Angell Group) Realty Ltd. 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
$6,000,000
Asking Price
$6,000,000
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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