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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,850,000
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
11.66 ACRES, 2 HOMES AND MEAT PROCESSING FACILITY. Fully renovated 2,172 SQ/FT rancher with 6 bed and 3 bath. Fully renovated mobile home 1,900 SQ/FT with 4 bed, 2 bath. Currently zoned RU-3 and RU-9 (0.66 acres for business). 3,000 SQ/FT meat processing facility with multiple walk-in coolers, freezers, smoke house, processing areas and 1500 SQ/FT retail shop all rented until October 2025 for $5000/month. 2 barns 2,800SQ/FT and 1,000 SQ/FT. Fertile soil is great for various crops, currently growing garlic. Great location to build your dream home and have a turnkey business. The property is close to all amenities and entertainment and has easy access to Fraser Highway and USA Border. (id:39198)
Location
Province
British Columbia
City
Langley
Address
21896 40 Avenue
Postal Code
V2Z1N7
Location Highlights
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Listed by
KELLER WILLIAMS REFERRED URBAN REALTY British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
$3,850,000
Asking Price
$3,850,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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