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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$425,000
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
WELCOME TO ONE OF THE MOST GORGEOUS AND SCENIC AREAS IN BC, AT THE FOOT OF THE SKIMMERHORN MOUNTAINS, VALLEY AND MOUNTAIN VIEWS IN THE DISTANCE THIS PROPERTY IS JUST UNDER 10 ACRES, MINUTES FROM CRESTON AND THE U.S. BORDER. EXCELLENT WATER SOURCE AVAILABLE TO BE HOOKED UP AT THE PROPERTY LINE, PART OF THE RYKERTS SYSTEM, THIS IS FANTASTIC TO HAVE AS NO MORE WATER LICENCES ARE BEING GRANTED IN THE AREA. CRESTON AIRPORT AND GOLF COURSE NEARBY. THIS PROPERTY IS IN THE AGRICULTURE LAND RESERVE INCREDIBLE SOIL FOR GROWING OR THE HORSES WILL LOVE IT! AS AN OPTION....THE SELLER IS A QUALITY REGISTERED CUSTOM HOME BUILDER WITH 30 YEARS EXPERIENCE, THEY ARE A FANTASTIC TEAM, READY TO WORK WITH YOU TO CREATE YOUR DREAM HOME!THERE HAS BEEN A SURVEY COMPLETED RECENTLY. Click on Video Tour. (id:39198)
Location
Province
British Columbia
City
Lister
Address
630 Huscroft Road
Postal Code
V0B1G2
Location Highlights
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Listed by
RE/MAX Elk Valley 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
$425,000
Asking Price
$425,000
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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