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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$400,000
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
Paradise PRIME: A Unique opportunity to develop prime Pond-view land into a dream project. Zoned commercial and located along the designated walking trails on the north shores of Neils Pond. For sale along with adjacent properties 1509 and 1511 Topsail Rd to create a wonderful 140' x 250' lot (.8 acres) Zoned Commercial, the possibilities are nearly endless. Retail, restaurants with or without drive-through, Hotels, Automotive, Medical, residential rentals or condos overlooking the pond and trail; It can like be built here. Walk the Trailway to get groceries, go to school, or sit at your favourite restaurant. Residential home on property currently rented for $1,200/mo/pou. (id:39198)
Location
Province
Newfoundland & Labrador
City
Paradise
Address
1515 Topsail Road
Postal Code
A1L1R2
Location Highlights
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Listed by
RE/MAX Realty Specialists 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
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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
$400,000
Asking Price
$400,000
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)
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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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
