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Benefits
Asking Price
$375,000
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
Bring your business ideas to this wonderful commercial property in downtown Masset, Haida Gwaii. This building has been purpose built with an incredible, large cafe style kitchen, including a convenient drive through window allowing you to serve customers on the go. The main floor also has a lovely guest dining area and washroom. The second level, flex space, consists of two large rooms, another washroom and laundry facilities. This newly built building is ready to move in and see your business dreams comes to life. (id:39198)
Location
Province
British Columbia
City
Masset
Address
1574 Macleod Street
Postal Code
V0T1M0
Location Highlights
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Listed by
RE/MAX Coast Mountains (PR) 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
1,536
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
$375,000
Asking Price
$375,000
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)
1,536
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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