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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$72,500
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
Ocean Front property on the Southside of Historic Harbour Grace. A rare find indeed , this property is approximately 87 x 445 ft, with an additional piece on the ocean front that measures approximately 122 ft along the shoreline. A beautiful property to build your dream home with a walk out basement , enjoy the evening sun from your front deck while watching hundreds of vessels of all sizes come and go in one of the busiest ports in Newfoundland. Centrally located between Carbonear and Bay Roberts , close proximity to the local marina, shopping centers, sports facilities, hospital, churches, schools, walking trails etc. Approximately 90 min from St.John's making it an easy commute. Check out this video- https://youtu.be/NC7x29YA7Ms (id:39198)
Location
Province
Newfoundland & Labrador
City
Harbour Grace
Address
400-402 Southside Road
Postal Code
A0A2M0
Location Highlights
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Listed by
Royal LePage Atlantic Homestead 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
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
$72,500
Asking Price
$72,500
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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