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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,400,000
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
Here is your once-in-a-lifetime opportunity to purchase an absolute dream property. 60 acres with spectacular views in all directions... ocean views to the East, West and South and undisturbed mountain scenery to the North. Gravel road already put it. Crown land to the North. Enjoy the perfect silence! Appr. 1km distance to the beach. Potential for subdivision into six 10-acre plots. Appr. 550m of a creek run through the property. Situated between French Beach and Point-No-Point. 15 minute drive to Sooke. Easement to West Coast Road via gravel road. Zoned residential. Zoning also allows for various business models, including farming. Electricity will be available by appr. October of 2022 within appr. 100m of the Eastern property line. Full cell phone coverage expected by October of 2022. (id:39198)
Location
Province
British Columbia
City
Sooke
Address
A 12-15 Incl West Coast Rd
Postal Code
V9Z1L1
Location Highlights
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Listed by
RE/MAX Camosun 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
$2,400,000
Asking Price
$2,400,000
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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