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BrokerStudio
Suite of tools & services
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
Cape Breton's Best! 2.3 acres of Land Ready to Build. The groundwork has already been laid for you. A well-planned driveway and a cleared space for construction are waiting for your dream home or vacation cottage. Power is located directly at the property line and is a possibility for a high-speed internet connection. Nature enthusiasts take note! A freshwater brook meanders close to the boundary line, offering a tranquil backdrop to your future home. This property is free of restrictive covenants, ensuring your creative vision isn't held back. Imagine the possibilities - your dream home, a vacation retreat, or a smart investment for the future. Only minutes from the town of Port Hawkesbury, approx. 20 minutes to the Dundee Resort & Golf Club. Your Cape Breton dream is within reach. Whether you're seeking a location to build your dream home, a cozy vacation cottage, or a savvy investment, this property has it all. (id:39198)
Location
Province
Nova Scotia
City
Cleveland
Address
Lot 7 Lower River Rd
Postal Code
B0E1J0
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
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
$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)
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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