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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$385,000
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
Make your Salt Spring Island dream home a reality with this sun-drenched 1/2 acre lot that is prepped & ready to go! Situated on one of BC’s most popular gulf islands you’ll find this gently sloping peaceful piece of land already connected to hydro, water, and Shaw cable. The property has recently been cleared of brush and some trees exposing partial ocean/mountain views that could be further enhanced by raising the canopies of trees &/or additional tree removal. A recent site survey has also been completed. Plans for a 2 to 3-bedroom ranch-style home are available, as well as a septic system design. There is no specific building scheme in place, enabling flexibility of the design and square footage of a new build. Don’t miss this opportunity to create your own island oasis! (id:39198)
Location
Province
British Columbia
City
Salt Spring
Address
Lot 2 Charlesworth Rd
Postal Code
V8K2J7
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
$385,000
Asking Price
$385,000
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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