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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$105,000
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
Do you have a business idea??? This two storey building on Main Street Westville is looking for a NEW owner with a vision to revamp this building and bring it back to its potential. Commercially zoned space downstairs and residential zoned space upstairs, one could make this a great investment opportunity with a bit of TLC. New Metal Roof 2024. Nestled right on on the Main Street, walking distance to Acadia Park, Medical Center, Pharmacy, Foodland, NSLC, Post Office, Tim Hortons, and Restaurants. As the saying goes....Location, Location, Location!!! (id:39198)
Location
Province
Nova Scotia
City
Westville
Address
1803 Main Street
Postal Code
B0K2A0
Location Highlights
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Listed by
Blinkhorn Real Estate Ltd. 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
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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
N/A
Financial Information
Yearly Rate
$105,000
Asking Price
$105,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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