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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,000
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
Looking for a beautiful piece of land to build a dream home this property offers a total package! Located in a quiet neighborhood on a public road this property has a 300 ft frontage that extends back 200 ft into a serine wooded area that offers country living at its best but just a minutes drive to the center of town and amenities. This property is three building lots combined with municipal water and sewer access. On the left side the land borders Angle Brook and is highlighted by a wide level trail that takes you on a five min walk back to the Terra Nova River where you have direct access to Salmon and Trout fishing and outdoor activities. This property is also perfectly situated for any boat lover located just mins away from a world class Marina you not only enjoy what the river has to offer you can also dock your boat and take in beautiful Alexander Bay, great ocean recreation and fishing. Don't miss out on a great opportunity to build that dream home or launch a new business! (id:39198)
Location
Province
Newfoundland & Labrador
City
Glovertown
Address
35 Angle Brook Road
Postal Code
A0G2C0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
$99,000
Asking Price
$99,000
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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