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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
Fantastic development opportunity in a prime location. With 128 acres, there are two PID's, each with road frontage on Highway 329 in East River. This location is just 7 minutes to Exit 7 and about 14 minutes to Chester and 40 minutes into Halifax on the newly twinned Highway 103. There is a passable gravel road in place rising gently up from the 329. Near the top you could have distant West facing views over the waters of Mahone Bay. With quality vacant land shortages, this location is now being recognized as the next practical development opportunity and will continue to grow in popularity. (id:39198)
Location
Province
Nova Scotia
City
East River
Address
Lot 1r2 15 Highway 329
Postal Code
B0J1T0
Location Highlights
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Listed by
Engel & Volkers 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
$699,000
Asking Price
$699,000
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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