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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
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
ATTENTION INVESTORS! Introducing 358 Beaver Bank Road, a recently renovated duplex - split-entry home featuring two units currently rented. There is also space to add a secondary suite if a 3rd unit is desired. This home has been completed renovated and gutted down to the studs. Brand new electrical, plumbing, ventilation, insulation, and all finishes from drywall, flooring, kitchen, paint etc. The upper level unit boasts four bedrooms, one bathroom, a laundry room, and an open-concept living area connecting the living room, dining space, and kitchen. The lower level unit features two bedrooms with a third flex room, along with two full bathrooms, a convenient mudroom accessible through a separate entrance, kitchen, and living area. Both units have a ductless mini-split heat pump, and laminate flooring throughout. Each unit operates on separate utility systems, except one shared water bill. They each have their own laundry. The property is completed by a shared paved driveway. For further details and inquiries, please contact us today! (id:39198)
Location
Province
Nova Scotia
City
Beaver Bank Road
Address
358 Beaver Bank Road
Postal Code
S4E1K4
Location Highlights
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Listed by
Sutton Group Professional Realty Nova Scotia 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
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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
$649,900
Asking Price
$649,900
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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