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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$130,000
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
This property located in a pristine community in scenic Riverhead. It offers great views over the bay and solid construction. This property could be used for many ventures. Some recent upgrades include: two mini splits, new windows, doors, septic system, hot water boiler and pex plumbing. The land size and building is being sold "as is where is". Purchaser has the right to confirm the condition of the building for their purpose only. Vendor takes no responsibility for the condition of the property. (id:39198)
Location
Province
Newfoundland & Labrador
City
Riverhead
Address
49 Main Road
Postal Code
A0B3B0
Location Highlights
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Listed by
3% Realty East Coast Newfoundland & Labrador 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
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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
$130,000
Asking Price
$130,000
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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