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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$40,000
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
Discover a world of entrepreneurial possibilities at 15432 Cabot Trail, Chéticamp. This historic "Frenchy's" property beckons visionaries and business enthusiasts to a prime downtown location. Situated in the bustling downtown area of Chéticamp, this property enjoys a strategic location on the famous Cabot Trail, attracting both locals and the influx of summer crowds. Ideal for entrepreneurs with a vision, the property provides an excellent opportunity to establish a thriving business. Benefit from the foot traffic drawn by the Cabot Trail's global reputation and the central position within Chéticamp. Enjoy the convenience of municipal water and sewer connections, ensuring a seamless and efficient operation for your future business endeavors. Take advantage of the property's prime location to capitalize on the summer crowds. Whether it's a charming café, boutique shop, or another enticing venture, this location is poised to become a hotspot for both locals and tourists. The property comes with a building that has suffered some fire damage, presenting a unique opportunity for those looking to invest and rebuild. While the existing structure would likely need to be taken down, the blank canvas allows you to envision and create a space that aligns perfectly with your business goals. Being sold AS IS. (id:39198)
Location
Province
Nova Scotia
City
Cheticamp
Address
15432 Cabot Trail
Postal Code
B0E1H0
Location Highlights
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Listed by
CAPE BRETON REALTY - D11 Nova Scotia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Financial Information
Yearly Rate
$40,000
Asking Price
$40,000
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.
N/A
Premises Size (square feet)
0
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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