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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,900
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
Great investment opportunity at a Prime location on Quesnel's most popular Reid Street. The 2 units are a total of 2760 square feet on a 4000+ square foot lot and are surrounded by successful businesses in the district. This area includes a variety of businesses such as restaurants, communication/tech companies, financial institutions and more! Tenant includes a long-term, well-established retail business. One side is currently vacant, but is still paying a lease, so if you want to bring your own business that option is available! Building has front parking for customers and rear parking for staff. Good, reliable cash flow here. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Quesnel
Address
327-329 Reid Street
Postal Code
V2J2M5
Location Highlights
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Listed by
Century 21 Energy Realty(Qsnl) 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
2,760
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
$399,900
Asking Price
$399,900
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)
2,760
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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