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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$585,000
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.
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Lot Size
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Building Size
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Premise Summary
On the Gulf of St. Lawrence at Piccadilly Bay, this beautiful ocean front property consists of approximately 44 acres in the heart of Piccadilly, and boasts many unique features. This large parcel can be accessed from many points along the main road in Piccadilly, where electricity and water are available. This special acreage has good fertile soil for farming. Notably, this property has beautiful water features. The water frontage includes access to a stunning Barachois, as well as Campbells Brook that flows along one boundary of the property. This parcel has subdivision potential, and many possible uses near the sea in a great community. The property also borders a large tract of Crown land, preserving both beauty and privacy. Captain Cook had landed there during his expedition to Newfoundland. Located on the Port au Port Peninsula, along the renowned French Shore, the area is rich in natural beauty; from the many beaches, to the abundance of wildlife... there is something for everyone here. (id:39198)
Location
Province
Newfoundland & Labrador
City
Piccadilly
Address
0 Main Road
Postal Code
A0N1T0
Location Highlights
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Listed by
CREPPIN REALTY GROUP INC. Newfoundland & Labrador 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
0
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
$585,000
Asking Price
$585,000
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.
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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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