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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$55,000
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
Large 5.78 acre parcel with a new survey in April 2022. The current Improvement Type is Commercial but zoning can be switched to Residential with Municipality approval. Lot has not been cleared and consists of various sizes of Poplar, Birch and Spruce. The Eastern tip of the property touches on a marsh that freezes into an amazing skating rink in the winter. About 10 min drive to Melmerby Beach and less than a 15 min drive to New Glasgow. (id:39198)
Location
Province
Nova Scotia
City
Chance Harbour
Address
Pictou Landing Road
Postal Code
B0K1X0
Location Highlights
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Listed by
Royal LePage Atlantic(Stellarton) 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
$55,000
Asking Price
$55,000
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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