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Church For Sale at 36 Main Road N in Goobies, Newfoundland & Labrador

updated
4 Sale ID #210115
Updated 28 Apr 2024

Asking Price

$100,000

Cap Rate help 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

This sale excludes items of religious significance which include, but are not limited to, alters, tabernacles, vestments, and chalices. Unless otherwise agreed upon between the purchaser and the vendor, items of religious significance will be removed prior to closing. The books and records of the Corporation in hard copy or electronic format, including IT infrastructure, are also excluded from the sale. (id:39198)

  • MLS® : #1262565
  • Date Listed : 22 Aug 2023

Location

Province

Newfoundland & Labrador

City

Goobies

Address

36 Main Road N

Postal Code

A0B1N0

Location Highlights

N/A

Listed by

EXIT Realty ShoreLine Newfoundland & Labrador listing

Category

institutional-properties churches

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,900

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$100,000

Asking Price

$100,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,900

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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