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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$535,000
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
Investor Alert! Are you ready to own your own business? Well 1680 Moran Road is just the right space for you! This commercial building is located on Highway 3A in Thrums, BC. Thousands of people will be driving by your business each day. This highway is the main artery between Nelson & Castlegar BC. When you walk into this tastefully renovated commercial building your mind will be flooded with ideas! Do you want to continue operating as the profitable local cafe? Or would you like to bring a new business to the neighborhood? This listing has 3 options. 1st option - purchase the commercial building and property ($535,000). 2nd option - purchase the borscht business & operate out of a different location ($40,000). 3rd option - purchase both the commercial building & the Cafe / Borscht business. If you choose option three, be rest assured knowing this is a long time profitable business with a current 7% capitalization rate. Owner has put over $50,000 of renovations into the building. Some highlights include a commercial kitchen renovation, HVAC upgrades, LED lighting, new air conditioner, & septic system renovations. The 500sq foot walk in cooler is perfect for a fruit stand, restaurant, brewery, or liquor store! Contact us today to set up a viewing. (id:39198)
Location
Province
British Columbia
City
Thrums/tarrys/glade
Address
1680 Moran Road
Postal Code
V1N4N5
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
2,990
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
$535,000
Asking Price
$535,000
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)
2,990
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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