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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,990
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
Incredible Home with business opportunity! This residential and commercially zoned 2 acre property features a 2278 sq. ft. fully renovated home with attached double garage, 3+ bedroom and 2 bathroom. The yard is fully fenced, Office/storage building, and outdoor kitchen is an entrepreneur's dream. Updated living space, featuring new kitchen, bathrooms, floors, HVAC system, pressure tank & backup generator. Zoning allows many uses including Accounting office, convenience store, restaurant, bakery, farmers market and more. Newer Commercial septic system. Health issues are why we are moving. Also on Residential see MLS# R2870417. (id:39198)
Location
Province
British Columbia
City
100 Mile House
Address
5504 Kennedy Road
Postal Code
V0K2E0
Location Highlights
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Listed by
Royal LePage - Brookside Realty 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
2,646
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
$499,990
Asking Price
$499,990
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)
2,646
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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