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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$95,823
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, parks, colleges and universities, trail-networks and so much more! Do these things spark interest to you? Nestled in the beautiful town of Massey Drive sits Valleyview Estates, Miller Crescent. This developing neighborhood is central in town, family friendly, active and beautiful. The Town of Massey Drive is within walking distance to Corner Brook and only five minutes away from Marble Mountain for fantastic winter sports and hiking in the summer. In the community there are plenty of great walking trails, tipping pond to enjoy swimming, access to the groomed trails, volunteer fire department, and more! If this has you thinking of taking the next step to build your family home, Miller Crescent is ready to welcome you! The Price are PLUS HST Vendor to provide a survey in vendors possession the purchaser's lawyer. Purchaser responsible for removing any tree's Price includes 1. grubbing the land, 2. digging the basement, 3. installing the water and sewer services to the exterior footing 4. rough back filling the basement 5. 2 loads of class A for the driveway (id:39198)
Location
Province
Newfoundland & Labrador
City
Massey Drive
Address
7 Miller Crescent
Postal Code
A2H0G5
Location Highlights
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Listed by
RE/MAX Realty Professionals Ltd. - Corner Brook 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
$95,823
Asking Price
$95,823
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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