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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$44,900
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
This 2.5 acre property sits in the quaint little town of Sonora. Steps away from the ocean. 10 Minute drive to Sherbrooke where you will find all your amenities. Grocery Store, liquor store, community centre and of course the Sherbrooke Village. 40 minutes will take you to the bigger centre of Antigoinish - home of St F X University. Ready for you to set up your RV or move in your permanent mobile home. The seller will remove the old mobile at his expense. This will expose the gravel pad that is in place and lot also has existing septic and dug well . Its a great opportunity!! (id:39198)
Location
Province
Nova Scotia
City
Sonora
Address
1682 Sonora Road
Postal Code
B0J3C0
Location Highlights
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Listed by
Re/Max Park Place Inc. (Antigonish) 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
$44,900
Asking Price
$44,900
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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