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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$75,000
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
Nicely treed and private 5.30 acres close to Francois Lake (two public lake accesses close by) at an affordable price with some beautiful mature growth that would be suitable to build your own log cabin with level building sites. This property is a scenic 50 min drive from Burns Lake (roads maintained year-round) which offers shopping, restaurants, a newer hospital and is considered the Heart of the Lakes District which embraces over 300 wilderness fishing lakes. Francois Lake is one of the biggest natural lakes in British Columbia and is renowned for great fishing and boating. Zoning Small Holdings allows for a single or two family dwelling. Hydro on Colleymount Road. For anyone looking for more land, three adjoining properties (Lots 2, 3 & 4) are for sale as well. (id:39198)
Location
Province
British Columbia
City
Burns Lake
Address
Lot 5 Colleymount Ager Road
Postal Code
V0J1E2
Location Highlights
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Listed by
Royal LePage Aspire Realty 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
$75,000
Asking Price
$75,000
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)
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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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