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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,790,000
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
Looking for a prime business location that attracts all your potential customers? Welcome to River Park Place at the Oval Village. Built by the famous Intracorp, this 3 years new, 1,312 Sq.ft retail space is surrounded by everything you could ask for, The Olympic Oval, Richmond Curling Club, banks, T&T Supermarket, Shoppers Drug Mart, restaurants, etc. Easy access store front, and lots of visitor parking. Ideal location for childcare, restaurant, health service and so much more. (for more details pls refer to the city's bylaw website). Act now, and be a part of this fast-expanding community! Please msg Kelly Hu for an appointment (id:39198)
Location
Province
British Columbia
City
Richmond
Address
125 5508 Hollybridge Way
Postal Code
V7C0E2
Location Highlights
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Listed by
Nu Stream Realty Inc. 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
$1,790,000
Asking Price
$1,790,000
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
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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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Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
