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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$85,000
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
Pause for a moment and enjoy the spectacular view that this property has to offer. Now imagine the endless possibilities you have with Over 2 acres of land at your disposal, and mixed zoning potential to allow the commercial venture of your dreams (i.e. restaurant, seniors living facility, gym, etc.) or possibly up to three or more residential building lots for new homes completed on municipal services. Build your dream home and have space for your business all in one place. With endless opportunities you will thank yourself for making the inquiry today! (id:39198)
Location
Province
Newfoundland & Labrador
City
Dunville/harbour Drive
Address
Lot 2 1313-1315 Main Road
Postal Code
A0B1S0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM REALTY 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
$85,000
Asking Price
$85,000
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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