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Retail Property For Sale at 102 10209 KING GEORGE BOULEVARD in Surrey, British Columbia

New
4 Sale ID #226772
Updated 01 May 2024

Asking Price

$95,000

Cap Rate help 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)

  • MLS® : #C8059269
  • Date Listed : 15 Apr 2024

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

retail-properties

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help 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 help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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