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Suite of tools & services
Benefits
Asking Price
$72,900
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
Prepare to be mesmerized. Walking along the driveway in to this 11.5 ACRES of land, you are surrounded by a spruce forest that opens up to a cleared building site which takes in amazing views of the ocean, mountain range and White Point. Enjoy the silence of the forest while watching the waves rolling in & the distant sound of the fog horn. With this amount of acreage, with 500+- ft of road frontage, you will ensure privacy in all directions. The concerns about development costs are lessened by the driveway which is built in to the currently cleared site, perfectly chosen for the views. Looking for more acreage? the 9+ acre site beside could be obtained for even more privacy, views and acreage. This amount of open water view property is something you will want to get your hands on! Call today for more information and walk the lot to see for yourself. Photos are not able to capture that view. (id:39198)
Location
Province
Nova Scotia
City
Smelt Brook
Address
10-1 White Point Road
Postal Code
B0C1N0
Location Highlights
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Listed by
RE/MAX Park Place Inc. 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
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
$72,900
Asking Price
$72,900
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
N/A
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