BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$595,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
1800 sq. ft. shop along with over 1/2 an acre of prime commercial. Zoned C-1 "Downtown Mixed Use" which allows a broad number of uses for commercial and or residential. These include but are not limited to; Business and Professional Office, Daycare Centre, Dwelling single & multi, Financial Institution, Food and Beverage Service - Food or Liquor Primary, Government Office, Hardware Store, Health and Medical Service, Mixed Use Development, Retail Liquor Sales Establishment, Retail Store, Tourist Accommodation, Tourist Services. Small building on north west side of property will be moved and is not included in the sale price. (id:39198)
Location
Province
British Columbia
City
Canal Flats
Address
4958 Burns Avenue
Postal Code
V0B1B0
Location Highlights
N/A
Listed by
Royal LePage Rockies West British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,800
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$595,000
Asking Price
$595,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,800
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing