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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,999
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
Business opportunity in Historic Bonavista. This Automotive garage has been a successful business up until the owner retired earlier this year. Now it is a turn key opportunity for a new owner. Or maybe you are someone just looking for your dream personal garage. Being sold with all equipment as seen, including but not limited to, Three car lifts, tire changer, new base oil run furnace, and an abundance of tools. Buyer will be responsible for HST if applicable. Being offered ""AS IS WHERE IS"". (id:39198)
Location
Province
Newfoundland & Labrador
City
Bonavista
Address
16 Station Road
Postal Code
A0C1B0
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
2,592
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
$179,999
Asking Price
$179,999
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)
2,592
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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