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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,000
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
Exceptional opportunity to acquire a Licensed 9-bed LTC (Long Term Care) facility offering over 9,000 sq. ft. of finished interior space on a 1.97-acre lot. This versatile property is ideal for continued use as a care home, assisted living, support housing, or other community care services. The thoughtful layout allows for multiple configurations, including using the upper floor 2 bedroom suite for owner/ manager accommodations, rented for assisted living or used as a home office use. The lower level 2-bedroom suite is ideal for staff or family member accommodation. Expansive outdoor grounds provide space for recreation, therapeutic gardening, or future program development. Perfect for a healthcare professional or couple seeking a rewarding owner-operated business. Do not visit property without an appointment. Information package available through your realtor. (id:39198)
Location
Province
British Columbia
City
Duncan
Address
Escarpment
Postal Code
V9L5W7
Location Highlights
N/A
Listed by
Royal LePage Coast Capital Realty British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
9,122
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
$1,999,000
Asking Price
$1,999,000
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.
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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)
9,122
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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