MLS® ID: 150573
6614 KATCHMAR ROAD
Out Of District, British Columbia, V0K 1X0 $1,099,000
Horse Lake Garden Centre Ltd. Largest greenhouse operation in the Cariboo. A certified appraisal has been completed valuing the business and property at $1,214,200. $584,000 Going Concern Appraisal Report of Horse Lake Garden Centre Ltd. & $630,200 Appraisal Report of the Greenhouse/Nursery Operation. Financing as a first charge/mortgage of up to $700,000 OAC potentially available to a qualified buyer. Remainder financing via VTB (Vendor Take Back financing) available, if required. Seller agrees to provide buyer up to $400,000 of Vendor financing by way of 5 year interest only promissory note. Promissory note to be secured against assets of property & business, buyer personal guarantee, and / or general security agreement agreeable to both parties. Interest rate applied to promissory note will be negotiated at the time an offer is made. Seller agrees to include $50,000 worth of usable inventory in the $1,099,000 price. Renovated 3,600 SF house. Please do not approach staff.