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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$84,900
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
Talk about a wonderful vantage point, as that is what you will find with this 3.4 acre vacant lot located in Malagash Point, Nova Scotia! This land is located on the former North Shore Road, which has since been renamed Blue Sea Road, and is 2.1 kms from the Blue Sea Beach provincial Park. So, you have those miles of sand bars to walk at low tide a stone's throw from home! The Malagash area is also known for Jost Vineyards, where you can tour the winery, enjoy lunch and the gift shop, along with their award winning wines! Fresh seafood is available seasonally in the Malagash, Wallace, and Pugwash seaside villages, as well as three golf courses, a spa & resort at Fox Harbour, miles of coastline to explore with sunrises and sunsets that will have you sharing your new spot with friends, and leave you longing for the next stretch of wonderful weather! (id:39198)
Location
Province
Nova Scotia
City
Malagash Point
Address
North Shore Road
Postal Code
B0K1E0
Location Highlights
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Listed by
Coldwell Banker Open Door Realty Ltd. 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
$84,900
Asking Price
$84,900
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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