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Benefits
Asking Price
$59,000
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
This beautiful 3.5 acre property was once part of a larger acreage farm. It has been recently surveyed and includes parcels on both sides of Big Brook, allowing you to maintain privacy. The larger area features a small apple tree orchard, dug well and an additional water source that would be ideal for watering gardens and animals. The Big Brook running through the property offers great views in addition to fishing and kayaking. Electricity is located on the property and a newly cleared area for a driveway or pad. All of this existing infrastructure makes this property ideal for someone looking to build a cottage, setup a travel trailer or start their own hobby farm. A nice variety of mature hardwood trees provide shade throughout the walking paths that lead to the brook. Call today to make plans to visit this property. It is a must see! (id:39198)
Location
Province
Nova Scotia
City
River Denys
Address
Big Brook Road
Postal Code
B0E2Y0
Location Highlights
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Listed by
Cape Breton Realty 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
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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
$59,000
Asking Price
$59,000
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)
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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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