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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,600,000
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
Land (Zoned C2 - Downtown Core Commercial) & Building for sale located in a high visibility location near the heart of the city, right across from the Fort St. John's North Peace Cultural Centre. It is a great spot for your business to succeed. 5,565 sq. ft. of restaurant space with a seating capacity currently set at 124 but may be increased. Tenant 1 in place for crepe shop which pays monthly rent. Lots of potential to divide larger space into 3rd rental space. The building was fully renovated 16 years ago including removal & opening up interior, new exterior stucco & bricks and a new torch-on roof with added insulation. All equipment, tables, chairs, bar, make up air and more are included in the price. A second lot is included which would provide extra parking for your business. A section of the building was renovated to accommodate a Crepe Restaurant. Also available for lease see MLS# C8050926 * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Fort St. John
Address
9824 100 Street
Postal Code
V1J3Y1
Location Highlights
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Listed by
Century 21 Energy Realty 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
5,565
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
N/A
Financial Information
Yearly Rate
$1,600,000
Asking Price
$1,600,000
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)
5,565
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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