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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$759,000
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
Attention investors and business owners! Take advantage of this rare opportunity to purchase a commercially zoned 0.51-acre property /w massive exposure of 30 000-45 000+ vehicles/day, 1169 sq.ft building & tons of storage available in the 6ft high basement. A submission for development permit has already been filed with CVRD to construct an additional building /w 3300 sq.ft floorspace. Septic system designed to accommodate 2 buildings. The existing building is currently leased as a beauty salon, however, the property is zoned C2 and offers many opportunities including retail sales, office, building supply, restaurant, repair services, health studio, veterinary services, dwelling, exterior storage, and so many other possibilities! (id:39198)
Location
Province
British Columbia
City
Duncan
Address
4731 Trans Canada Hwy
Postal Code
V9L6L2
Location Highlights
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Listed by
RE/MAX Island Properties British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
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
$759,000
Asking Price
$759,000
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)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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