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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$550,000
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
WATERFRONT ~ Build Your Once-in-a-Lifetime Lakefront Home, Open a B&B, Small RV Campground. This 22.56 acre property boasts 2.8 Acres & 485 ft. of Waterfront on pristine Griffin Lake. Parcel is Sub-dividable as the adjacent 19.56 acres is across Trans Canada Hwy. Both sections have very Easy Access off Hwy. The setting is Spectacular with mountain views encircling the lake including stunning Views of Mt. MacPherson. Located in a very popular recreational area with opportunities to enjoy summer on the lake as well as pristine snowmobiling, snow-shoeing and sledding in the winter. Only 4 km to the Enchanted Forest & Skytrek Adventure Park, 11 km to Crazy Creek Hot Pools & Suspension Bridge, 27 km to Revelstoke National Park, 35 km to Revelstoke Mountain Ski Resort. Sicamous House-boating is only 43km. Call for more details today. (id:39198)
Location
Province
British Columbia
City
Revelstoke
Address
7788 Trans Canada Highway
Postal Code
V0E2S0
Location Highlights
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Listed by
Fair Realty (Kelowna) 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
$550,000
Asking Price
$550,000
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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