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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,900
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
Shuswap Tickets & Gifts is a profitable turnkey business with good cash flow selling Lottos and gifts. With a great location just inside the main entrance to the Mall at Piccadilly. Shuswap Tickets & Gifts offers high visibility with tons of walk by traffic, storefront/sales counter space in main walkway of the mall. The store carries lotto tickets, gifts and sundries as well as offering shirt screening (equipment included). Great location in a busy mall occupied by tenants Shoppers Drug Mart, The Source, Canadian Tire, Sport Chek, Bootlegger and many others. Shuswap Tickets & Gifts has been in business for many years and has a loyal customer base. Tired of working for someone else, this is your opportunity to change that with this thriving business (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
1151 10 Avenue Sw Unit# 104
Postal Code
V1E1T3
Location Highlights
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Listed by
Homelife Salmon Arm Realty.Com 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
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
$79,900
Asking Price
$79,900
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
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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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