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Retail Property For Sale at 148 Bridge Street in Princeton, British Columbia

4 Sale ID #219365
Updated 05 May 2024

Asking Price

$700,000

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

Lot Size

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Building Size

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Premise Summary

Discover the charm of owning a bustling pizza and Indian food joint alongside a thriving laundry business, all bundled with the property. Situated conveniently on Bridge St., this investment offers not just delicious dining experiences but also a reliable source of income. With its prime location and diverse revenue streams, this opportunity is perfect for entrepreneurs seeking stability and growth. Don't pass up the chance to own these thriving businesses in the heart of Princeton's vibrant community. Contact us now to seize this exciting opportunity! (id:39198)

  • MLS® : #10308334
  • Date Listed : 25 Mar 2024

Location

Province

British Columbia

City

Princeton

Address

148 Bridge Street

Postal Code

V0X1W0

Location Highlights

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Listed by

Rexara Realty Inc. 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

N/A

Financial Information

Yearly Rate

$700,000

Asking Price

$700,000

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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