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1500 Glentana Rd , #4

View Royal, BC V9A 7A1
  • $415,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 914991
UPDATED: 24 min ago
$415,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Business Opportunity
Area:

Description

Vibrant, well established janitorial business projected to generate in 2022 net income before income taxes ~ $95,000 per annum. After corporate taxes and management fees the established cap rate is 18% p.a. This is a profitable business that has been generating greater net profits each year. Sale will consist of corporate shares, some assets and good will. Owner wants to retire but is willing to assist a new owner for a year or so, with reasonable management wages. Prospective buyers must sign a confidential agreement. For additional information call listing agent.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-09-30T12:22:29.213.
www.callvictoriahome.com/homes/133319448
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1500 Glentana Rd , #4 View Royal, BC V9A 7A1

  • Price: $415,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 24 min ago
  • MLS #: 914991
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Vr View Royal
Area:
Victoria
School District:
Capital Regional District
Property Description
Vibrant, well established janitorial business projected to generate in 2022 net income before income taxes ~ $95,000 per annum. After corporate taxes and management fees the established cap rate is 18% p.a. This is a profitable business that has been generating greater net profits each year. Sale will consist of corporate shares, some assets and good will. Owner wants to retire but is willing to assist a new owner for a year or so, with reasonable management wages. Prospective buyers must sign a confidential agreement. For additional information call listing agent.
Exterior Features

Entry Location Main Level View YN No Waterfront YN No

Interior Features

Fireplace YN No Heating YN No

Property Features

Existing Lease Type Sale Of AssetsSale Of ContractSale Of Shares Gross Income 505742 Net Operating Income 94470 Operating Expense 411272 Ownership Other Property Sub Type Business Tax Annual Amount 1 Tax Jurisdiction Town Of View Royal (Sd61) Tax Year 2021

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Re/Max Camosun and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-09-30T12:22:29.213.
 
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