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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$71,071
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
Family, friends, schools, recreation, beaches, parks, cross-country skiing, trail-networks and so much more…Do these things spark interest to you? Nestled in the Foote Street Subdivision sits Pike Street. This developing neighborhood is central in town, family friendly, active and beautiful. At the entrance of Pike Street there is a playground for the kids to enjoy and at the far-end of the street is the Pasadena Ski and Nature Park. The subdivision is within walking distance of the high-school and the Pasadena Place Rec Centre as well. If you enjoy the summer months, Pasadena Beach is about a 15–20-minute walk from Pike Street and if you are more geared toward the winter, the local trail networks are at ease of access too! If this has you thinking of taking the next step to build your family home, Pike Street is ready to welcome you! (id:39198)
Location
Province
Newfoundland & Labrador
City
Pasadena
Address
56 Pike Street
Postal Code
A0L1K0
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
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
$71,071
Asking Price
$71,071
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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