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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
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
Introducing the Meadow Creek Store, your golden opportunity to own a one-of-a-kind business in the heart of Meadow Creek! This iconic establishment boasts a 3bd1ba house, large shop, fenced yard w/grenhse and gardens alongside its commercial offerings. As the focal point of the community, the Meadow Creek Store provides essential services, making it a hub for residents and visitors alike. The store features a Canada Post outlet, ensuring convenient access to postal services for the North Kootenay Lardeau Valley community. With its Licensed Liquor Store, customers can indulge in their favourite beverages and enjoy a selection of spirits. Additionally, the store offers a range of essential goods, and home-style baked goods & meals ensuring that residents have access to the necessities without having to travel far. Located in an area of stunning natural beauty, the Meadow Creek Store is perfectly positioned to serve the needs of outdoor enthusiasts exploring the North Kootenay Lardeau Valley. Its strategic location along a well-traveled route provides excellent visibility and attracts customers. The Meadow Creek Store's gas station provides a convenient refueling stop for both locals and tourists, ensuring they can continue their journeys without any hassle. As the go-to spot for fuel, the store enjoys consistent patronage from the community and passersby. This is an exceptional opportunity to take over a well-established business that is deeply ingrained ingrained in the fabric of the community. (id:39198)
Location
Province
British Columbia
City
Kaslo North To Gerrard
Address
13312 Highway 31
Postal Code
V0G1N0
Location Highlights
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Listed by
Fair 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
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
$799,000
Asking Price
$799,000
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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