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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$107,000
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
Watertront recreational building lot only accessible by boat and is located 45 minutes from Port Alberni. The lot has septic and water and a low strata fee of $1300.00 a year which includes, water, septic, dock maintenance and a year round caretaker. The lot comes with one boat slip at the dock. Haggards Cove is also serviced by the Frances Barclay which is the cargo and passenger vessel which is located in Port Alberni. The property is located close to some of the best fishing, diving on the West Coast of Vancouver Island (id:39198)
Location
Province
British Columbia
City
Port Alberni
Address
Lt 56 Haggard Cove
Postal Code
V0R2B0
Location Highlights
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Listed by
RE/MAX Mid-Island 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
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
$107,000
Asking Price
$107,000
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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