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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$45,000
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
Building lot with great views of the Bras d'Or Lakes. 0.5 acre to work with in close proximity to Iona and Grand Narrows, Iona Port Beach, Highland Village, MacCormack Provincial Park, and many other amenities. Close to Whycocomagh and the Cabot Trail this property offers a central location while being very secluded and peaceful. On Gillis Point Road, which is maintained during the Winter. A very nice spot to build your dream property. (id:39198)
Location
Province
Nova Scotia
City
Grass Cove
Address
Lot 9 Gillis Point Road
Postal Code
B2C1K6
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
$45,000
Asking Price
$45,000
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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