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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,500,000
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
0 Acre Ocean and Lake Front Property in Quatsino - 2 titles, 1,150 ft oceanfront in Hecate Cove & 1,850 ft lakefront on Colony Lake. Quatsino is on the west coast of Vancouver Island and is a fishermen and outdoor enthusiast paradise. There are many layers of value including possible subdivision potential, timber, and significant conservancy values. The property could be a recreational retreat, developed into recreational or single-family lots, fishing lodge, tourism - based business or a combination of the above. It has been owned by the same family since the mid 1960's. Colony Lake is ideal for access by float plane where you can leave your plane in fresh water without worrying about tides. There are no roads to ouatsino and the residents like it that way. It is 15 to 20-minutes by boat from Coal Harbour, which is about a 20-minute drive from Port Hardy, BC on paved road, and there is water taxi and float plane service. Call to book your appointment to view today! (id:39198)
Location
Province
British Columbia
City
Quatsino
Address
E 715 Quatsino Rd
Postal Code
V0N1K0
Location Highlights
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Listed by
Landquest Realty Corporation 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
$1,500,000
Asking Price
$1,500,000
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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