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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$469,000
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
Prepare to be amazed by the jaw-dropping panoramic views of the Red, Roberts, Granite, Grey, and Kirkup Mountains - it's like stepping into a postcard! For the adventurous souls out there, quick drives to both downhill skiing at RED Resort and cross-country skiing at Blackjack are at your fingertips. Plus, downtown Rossland and wilderness bike trails are just around the corner. Driveway access is already roughed in, and all you need is a septic permit to be installed in the covenant area (NE corner of the lot). Water from a freshly drilled well and electricity from nearby power poles are both within easy reach. You'll have amazing neighbors with new-build homes in the neighborhood! Consider building on the viewing platform for an incredible mountain experience or a little further south to take in sweeping views of the mountain resort and the valley. (id:39198)
Location
Province
British Columbia
City
Rossland
Address
Lot A Richie Road
Postal Code
V0G1Y0
Location Highlights
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Listed by
Mountain Town Properties 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
$469,000
Asking Price
$469,000
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
N/A
Market Competition
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