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Benefits
Asking Price
$1,290,000
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
Kellogg Creek Ranch. A stunning agricultural cow/calf operation located 30 mins from Prince George, BC. The ranch offers 7,000 acres (400 AUMs) of fenced range land under an exclusive range license and includes five deeded titles. Kellogg Creek flows through the property year-round, while an abundance of natural grass and meadows creates ideal grazing conditions for cattle. The ranch has been a trusted provider of locally grown beef to the Prince George area since 1997. It boasts two wells with water rights and is adjacent to the scenic Dahl Lake Provincial Park. The main residence on the ranch is a spacious, cozy 2,200-square-foot, 4-bedroom country home built in 1980. Additionally, the property includes a charming log guest cabin, a barn, & a massive hay shed. Last year, the ranch produced 897 round bales of hay, which were tested and found to have some of the highest protein content in grass hay in the area. The property also offers endless horse-riding trails & recreational opportunities. RAN 1076172. (id:39198)
Location
Province
British Columbia
City
Prince George
Address
32480 Dahl Lake Road
Postal Code
V2N6K5
Location Highlights
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Listed by
Landquest Realty Corporation 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
2,200
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
$1,290,000
Asking Price
$1,290,000
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)
2,200
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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