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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,100,000
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
CENTRAL SQUARE - INVESTOR'S GEM!! Rare find in the heart of Richmond's Golden Triangle. Restaurant tenant occupied! Next to Aberdeen Center and Parker Place. Walking distance to RAV line. Excellent location with high traffic. 903 sq. ft plus and additional 226 sq. ft balcony. Suitable for most small business. Existing tenant is a restaurant cafe. Please don't disturb tenant. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
270 4231 Hazelbridge Way
Postal Code
V6X3L7
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
903
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
N/A
Financial Information
Yearly Rate
$1,100,000
Asking Price
$1,100,000
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.
N/A
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)
903
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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