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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,000
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
Great spot fronting Cheticamp Harbour with spectacular ocean, harbour and mountain views. The Cheticamp beach is just across the road. Enjoy beautiful walks along the beach every day! Convenient access to the water for kayaking, canoeing, paddle boarding, sea-doo or other recreational activities. Minutes from Cheticamp for all your amenities as well as the National Park for many hiking trails. The opportunities are endless....cottage rentals, a retreat, a home or chalet. This is a your chance of own a piece of Cape Breton Island! Please note that the PID will soon change and although the current PID includes 16 Gallant Road, the 1.5 story house on the property is not included as part of the sale. A 2.59 acre vacant lot with approximately 141 feet of water frontage is what you will have the privilege of owning in paradise! (id:39198)
Location
Province
Nova Scotia
City
Cheticamp Island
Address
Gallant Road
Postal Code
B0E1H0
Location Highlights
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Listed by
CAPE BRETON REALTY - D11 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
$199,000
Asking Price
$199,000
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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