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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$275,000
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
Build your dream house and a cottage! This tranquil, unspoiled property could be yours - lots like this do not come up often on Galiano! This island is a magical, serene place to call home, with old growth forests and pebble & sandstone beaches. The property is 1+ acre is overflowing with ferns, firs and cedars in a natural forested habitat. The Government Wharf is just down the road and across the street, easy access if you are travelling by boat. The back of the property is cleared and is bright and sunny. There are many artisans in the area, including a glass and pottery studio and close to the former Galiano Island Film and Television School. This property has been in the family since the 1960's. It is now time for another family to make this their sanctuary. (id:39198)
Location
Province
British Columbia
City
Galiano Island
Address
Lot 1 Porlier Pass Rd
Postal Code
V0N1P0
Location Highlights
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Listed by
Macdonald Realty Victoria 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
$275,000
Asking Price
$275,000
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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