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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
Partly developed with Driveway in place and existing septic approval ! Excellent building lot in natural setting close to all amenities. Included is the right to use several private boat lunches in the area including boat launches at the Bras d'Or Lake and River Inhabitant. The lot, being shaped in a cylindric form, widening into the back, is offering lots of privacy and room for development. The lot is located on a public road and bordered by a nice brook on one side of the boundary line. Port Hawkesbury with grocery stores, building supplies, schools, day care, banks etc is only a 10 minute drive away. A great opportunity to purchase a lot for a fair price and being able to start building immediately without long waiting periods for driveway approval and installation. (id:39198)
Location
Province
Nova Scotia
City
Cleveland
Address
Lot 8 Lower River Road|highway #4
Postal Code
B0E1J0
Location Highlights
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Listed by
EXP Realty of Canada Inc. 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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