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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$194,999
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
Build your Dream Home and enjoy the Okanagan lifestyle with Okanagan Lake footsteps away! This 0.51 acre lot is flat, open, convenient and in a quiet neighbourhood which features many newer homes being built around. Beautiful, bright, rural setting only minutes to Okanagan Lake, Killiney Beach Park, Fintry Provincial Park, trails and much more. Great views of the mountain side with electrical and water at the lot. Only 30 minutes to Vernon and 45 minutes to Kelowna. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
784 Udell Road
Postal Code
V1H2E3
Location Highlights
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Listed by
Royal LePage Downtown 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
$194,999
Asking Price
$194,999
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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