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Suite of tools & services
Benefits
Asking Price
$825,000
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
Welcome to the Salt Spring Island Healing Centre, a charming historical property in the core of Ganges. This beautifully maintained and upgraded building offers a main reception area with ample space for group classes, five private treatment rooms, a washroom, and a separate kitchenette area. The building is surrounded by a stunning rose garden, offers lots of onsite parking and a separate storage shed. As you step inside the original fir floors, tongue and groove walls, and lofty ceilings transport you back in time. Recent upgrades include heat pump, furnace, windows, electrical, and seismic upgrades. Rare C-1 zoning allows residential use as an accessory to your commercial operation. Call today for more details and to make an appointment. Live and work from home in the village! Viewings are by appointment only with the listing agent present and outside of business hours. (id:39198)
Location
Province
British Columbia
City
Salt Spring
Address
130 Mcphillips Ave
Postal Code
V8K2T5
Location Highlights
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Listed by
Macdonald Realty Salt Spring Island 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
$825,000
Asking Price
$825,000
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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