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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$595,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Unique Business Opportunity + Living Space. Welcome to a rare opportunity to own a thriving business nestled along the breathtaking Cabot Trail. This establishment, which began as an Art Gallery, has now expanded into a luxury Chocolate operation, captivating locals and tourists alike. Housed within a former church, this property boasts a unique and character-filled building, offering a one-of-a-kind experience for patrons. Currently operating as a retail space on the main floor, with a fully equipped commercial kitchen and one-bedroom living space on the lower level, you may choose to live on-site or add additional income with a rental suite. With its strategic location along the busy Cabot Trail and presence in other outlet locations, this business has been on a trajectory of rapid expansion. For the aspiring entrepreneur, this turnkey business offers the perfect opportunity. Comprehensive training and operational manuals will be provided, ensuring a seamless transition for the new owner. With a well-organized team in place, you'll find yourself supported in your new endeavor from day one. A detailed business prospectus is available for interested parties, showcasing a return on investment in under 7 years. Furthermore, ideas for expansion are outlined, promising even greater profits in the years to come. Whether you're a seasoned veteran in the business world or a newcomer with a passion for entrepreneurship, this opportunity promises both financial success and personal fulfillment. Don't miss out on this chance to own a lucrative business in one of the most coveted locations along the Cabot Trail. Contact us today to learn more and embark on your journey towards business ownership and prosperity. (id:39198)
Location
Province
Nova Scotia
City
Indian Brook
Address
45943 Cabot Trail
Postal Code
B0C1H0
Location Highlights
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Listed by
RE/MAX Park Place Inc. Nova Scotia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$595,000
Asking Price
$595,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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