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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$868,000
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
Unbeatable Investment Opportunity in The Crystal Mall at Metrotown! Prime Location: 2nd floor, opposite HSBC Bank, with direct access to Kingsway via escalator. Maximize visibility and convenience with heavy foot traffic. Versatile Space: Ideal for offices, schools, or retail. Surround yourself with a vibrant restaurant scene and close proximity to HSBC Bank for a steady flow of customers. Ample Space: Spacious front area, large office space at the back, and additional storage. Flexibility and convenience for your business needs. Don't miss this outstanding opportunity at The Crystal Mall, Metrotown! Contact us now to secure your spot in this thriving commerce hub. Act fast and make your dreams a reality! (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
2317 4500 Kingsway
Postal Code
V5H2A9
Location Highlights
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Listed by
RE/MAX City 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
538
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
$868,000
Asking Price
$868,000
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)
538
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
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
