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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,500
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 READY – FEE SIMPLE LOT. Centrally located on a quiet street in the highly desirable Marigold Neighbourhood of Saanich West, just a 10-minute drive away from Downtown Victoria. This 6,028 square foot / rectangular lot is zoned R-6 that allows for a Suite, Private backyard with pleasant outlooks, services on the Road include Hydro, Water, Cable / High-Speed Internet, Natural Gas and Sewer. This property offers excellent value and includes contemporary house plans that have been well thought out, the heaving lifting is complete with the Buyer having the added advantage of being able to select their own Builder and personal touches. Such a convenient area with quality Schools, Parks, Transit, and shopping all close by. (id:39198)
Location
Province
British Columbia
City
Saanich
Address
936 Tulip Ave
Postal Code
V8Z2P7
Location Highlights
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Listed by
RE/MAX Generation 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
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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
$699,500
Asking Price
$699,500
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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