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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$120,000
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
Highly sought after location in TORBAY! This 0.78 of an Acre lot located in the sought after FOREST LANDING SUBDIVISION is a very family oriented subdivision. Checking many boxes right from the get-go. You will have the best of both worlds for exit and entry depending on where you may wish to go and just minutes to and from the Torbay By-Pass Road. This property is surrounded by many new and executive style homes, it’s a place where you’re close to the city of ST. JOHN’s while enjoying the feel of COUNTRY LIVING. The view of the subdivision from this piece of land is wide spanning and pleasing to the eye or gazing at the array of natural foliage. Of course, using your own personal vision and carefully designing your home for functionality. The property has been partially cleared and levelled awaiting your final preparation to suit your build needs! Close proximity to WOODBRIDGE PARK & TRAILS END CONVENIENCE. Purchase and build your dream home on your own or build to suit turnkey. As a turnkey option, the GST/HST deemed applicable to this transaction, either on closing or post-closing, shall be the responsibility to the vendor. If purchasing the land outright, HST is included in the purchase price paid hereunder in the purchase price. Survey in Vendors possession to be supplied. (Please note that any applications and permits will be the responsibility of the purchaser unless stated otherwise as a turnkey option) (id:39198)
Location
Province
Newfoundland & Labrador
City
Torbay
Address
29 Woodbridge Lane
Postal Code
A1K0E1
Location Highlights
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Listed by
EXP REALTY 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
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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
$120,000
Asking Price
$120,000
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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