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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,080,000
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
Richmond PRIME LOCATION, next to 'parker place', 'Aberdeen centre', skytrain. Excellent for business use. Very rare Ground floor retail unit at the very first building which at the entrance of the complex and close to the busy street. High traffic area. Good for any kind of business except restaurant. All measurements are approximate, please verify when viewing. Has own washroom. Unit comes with 2 parkings and 3 passes. Lots of visitor parkings. For sale and for lease! Available anytime! (id:39198)
Location
Province
British Columbia
City
Richmond
Address
Hazelbridge
Postal Code
V6X3R8
Location Highlights
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Listed by
Laboutique 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
1,002
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
$1,080,000
Asking Price
$1,080,000
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)
1,002
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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