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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
Visit REALTOR(R) website for additional information. Discover The Siding Cafe: a cozy culinary haven nestled in Field, BC for 18 years. Our warm atmosphere and delicious comfort fare have made us a beloved destination. Surrounded by the stunning Yoho National Park, our cafe offers more than just a meal; it's an experience with breathtaking mountain views. We pride ourselves on fresh, quality ingredients and offer a unique menu to cater to all tastes. Enjoy our curated selection of local wines and microbrews, and refuel with our on-the-go menu after hiking nearby trails. Whether you're a local or a traveler, our doors are open to all seeking authentic Canadian hospitality. Interested in taking over? The current owner is ready to collaborate for a smooth transition and business growth. (id:39198)
Location
Province
British Columbia
City
East Highway
Address
318 Stephen Avenue
Postal Code
V0A1G0
Location Highlights
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Listed by
PG Direct Realty Ltd. 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
928
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
$650,000
Asking Price
$650,000
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)
928
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
N/A
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