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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$300,000
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
APPROXIMATELY 24 ACRES OF LAND WITH A FANTASTIC OCEAN VIEW. LOCATED ON THE FIRST PART OF RANDOM ISLAND, JUST MINUTES FROM THE TOWN OF CLARENVILLE WHERE YOU WILL FIND ALL THE AMENITIES THAT YOU NEED. THIS PARCEL OF LAND HAS A MAIN ROAD AND ELECTRICITY TO THE PROPERTY. AS A LARGE BONUS IT HAS A SEWER SYSTEM ALREADY INSTALLED, FOR THE INTERESTED DEVELOPER THERE ARE NO SEPTIC FIELD REQUIRED INDIVIDUALS CAN JUST INSTALL THEIR SEPTIC TANK & RUN A LINE TO CONNECT INTO THE MAIN SYSTEM ALREADY IN PLACE. A GREAT OPPORTUNITY FOR LARGER LOTS NEAR AMENITIES WITH NO PROPERTY TAX AND AN AMAZING VIEW. (id:39198)
Location
Province
Newfoundland & Labrador
City
Random Island
Address
Random Brook
Postal Code
A5A0A1
Location Highlights
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Listed by
EXIT Realty Aspire Newfoundland & Labrador 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
$300,000
Asking Price
$300,000
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.
N/A
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
N/A
Market Competition
N/A
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