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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,188,000
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
Beautiful 4.88 acres building site in SALMON RIVER! RU-3 zoning. Located close to Hwy 1 for access access the 322' x 660' building lot can accomodate your DREAM HOME with possible coach home for the inlaws! Build your dream shop also on a fantastic street. Maximum main residence to be 5400 sq ft. Second residence can be 970 sq ft or less. Experiance the lifestyle of living in beautiful Salmon River where Countryside living meets convenience! (id:39198)
Location
Province
British Columbia
City
Langley
Address
5724 256 Street
Postal Code
V0V0V0
Location Highlights
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Listed by
Royal LePage - Wolstencroft 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
$2,188,000
Asking Price
$2,188,000
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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