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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$75,000
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
Land consisting of 17,222 sq ft. with well, septic and building pad in Forbes Point Borders Forbes Point Road - driveway Forbes Point is a small community located in South West Nova Scotia. The community is named after Alexander Forbes, a Scottish Highlander who enlisted and fought in the Revolutionary War. After the war he received grants of land and settled in the community named after him. Forbes Point is bordered on three sides by the Atlantic Ocean, and covered mostly with spruce trees. As is common in this locality, the majority of the residents are fishermen (this property is a short walking distance to the local wharf) If you're looking for a more relaxing life style and welcoming community, the Price is Right for this Vacant Lot (id:39198)
Location
Province
Nova Scotia
City
Forbes Point
Address
802 Forbes Point Road
Postal Code
B0W2E0
Location Highlights
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Listed by
Keller Williams Select Realty (Barrington Passage) Nova Scotia 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
$75,000
Asking Price
$75,000
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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