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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,000
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
Hells Bells licensed family restaurant in Anaconda. Restaurant purchased in 2014, and fully renovated in 2017. Kitchen completely overhauled with most components replaced. All new plumbing, Lots of electrical work done. Fully operational in spring 2018. Great location just outside of Greenwood. Right off the highway, with plenty of parking. No zoning and lower taxes. Great atmosphere with a cozy setting. Pet friendly, mini putt, and just footsteps up from the Trans Canada Trail. Turn key business. Completely up to code and ready to open. Dine in or take out. Eat indoors or enjoy the outdoors, eating out front or in the covered patio. Greenwood is Canada's smallest City, and is a destination stop for travellers crossing BC on the Crows nest Highway. Take advantage of the unique location of this establishment. The first restaurant coming from the West. Great visibility. Call your REALTOR(R) today! (id:39198)
Location
Province
British Columbia
City
Greenwood
Address
605 Highway 3
Postal Code
V0H1J0
Location Highlights
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Listed by
Century 21 Premier Properties 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
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
$349,000
Asking Price
$349,000
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
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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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