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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$975,000
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
Check out this incredible, spacious & vacant venue located at Central Avenue Greenwood .This space can be used as a café and/or restaurant, office space(s), shop or truly whatever need you envision. There is great potential in the building, as it has one, large, open-concept space, a secondary medium space that holds restaurant equipment (back area), multiple washrooms and other side office and storage spaces. Furthermore, there is cooking equipment available within the venue, which include: booths seating up to 6 people , wide-screen televisions, other technical equipment that help a restaurant to function efficiently. Another great asset of this development is that it sits in Central Greenwood, close to many other amenities, shopping spaces, fuel stops and restaurants. It is also very close to the highway exit. (id:39198)
Location
Province
Nova Scotia
City
Greenwood
Address
Central
Postal Code
B0P1R0
Location Highlights
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Listed by
RE/MAX Nova 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
$975,000
Asking Price
$975,000
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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