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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,500,000
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
Developers Alert!!! This property is part of Land Assembly in the Heart of Lower Mainland (Hamilton Area of Richmond). These properties are located just West of Alex Fraser Bridge with easy access to Vancouver, Downtown, Richmond, Surrey/Delta, New West/Burnaby, Airport/Oak, QB, Knight St Bridge etc. Over 3 Acres and Potential for more land to be part of this last large remaining piece of land in Richmond. Prime properties to rezone for Multi Family use with the Province/Cities encouraging higher density to cope with Housing shortage. Exceptional opportunity for the Developer to build affordable housing for the First Time & Move Up Buyers and Empty Nester in a very Serene location close to Fraser River in the center of Lower Mainland. Please do not enter property without an appointment. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
4480 Thompson Road
Postal Code
V6V1S8
Location Highlights
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Listed by
RE/MAX Real Estate Services 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
$3,500,000
Asking Price
$3,500,000
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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