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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,900
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
EXCELLENT BUSINESS OPPORTUNITY IN DOWNTOWN SALMON ARM - If you love fashion this is not just a business opportunity but your chance to express your vision and creativity as the new owner of this profitable, well established high end women's boutique. In business for over 30 years, Crazy River Clothing Co. has been the place to go for cutting edge, unique and upscale clothing, attracting buyers from across Canada and beyond. Known for their impeccable selection of high end quality clothing, Crazy River offers a unique shopping experience unlike anything else. Carrying brands like European Culture, Market of Stars, Velvet, Rails, , Nile, Oui, Hubert Gasser, Magnolia Pearl, LUUKAA, Alembika, Grizas, AS98, Xenia, Mac Jeans, Jag Jeans, Tribal just to name a few. Key downtown location. More than just a clothing store it is the perfect mix of style, wit and imagination. (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
320 Alexander Street Ne
Postal Code
V1E4N8
Location Highlights
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Listed by
Royal LePage Access Real Estate 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
2,342
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
$449,900
Asking Price
$449,900
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)
2,342
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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