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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,249,000
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
PAYAL BUSINESS CENTRE - Incredible opportunity to elevate your business with this 1,324 SQ FT retail/office/mixed use unit on the SECOND FLOOR, in this highly desirable thriving commercial destination in the heart of Surrey. Surrounded by over 300 ESTABLISHED SHOPS and OFFICES, STRATEGICALLY LOCATED near major roads and transit, this RARELY AVAILABLE unit is perfect for growing or launching your business. Don't miss your chance to own in one of SURREY'S MOST SOUGHT-AFTER BUSINESS HUBS. Even better, a SECOND UNIT right next door is also available - ideal for creating a larger open-concept space or using them as separate operations. Buy one or both! Don't miss your chance to own in one of Surrey's most sought-after business hubs. Call now, before it's gone, to book a private viewing! (id:39198)
Location
Province
British Columbia
City
Surrey
Address
128
Postal Code
V3W1R1
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
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
$1,249,000
Asking Price
$1,249,000
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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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.
