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Suite of tools & services
Benefits
Asking Price
$95,000
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
***Showing by appointment only, do not disturb staff.*** Location! Location! Location! Taiwanese Bubble tea restaurant for sale in a popular area next to the University District in Surrey. No slow days as take out business is amazing due to all the condos residents and SFU students in the areal Over 2400 sqft space. Fully renovated, furnished, and FULLY EQUIPPED KITCHEN, just take over and start operating! Currently a Taiwanese bubble tea restaurant that can seat up to 50 people, also suitable for a café, beverage shop, boutique restaurant or dessert shop. Owners are only selling the lease and the equipment. Don't miss out. Please contact the listing agent for more information today! (id:39198)
Location
Province
British Columbia
City
Surrey
Address
102 10209 King George Boulevard
Postal Code
V3T2W6
Location Highlights
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Listed by
RE/MAX Masters 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
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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
$95,000
Asking Price
$95,000
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)
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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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