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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$205,000
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
Great commercial property located on the corner of Main Street and Eltero Park in The Town Of Bishop's Falls. This property has great potential for any type of retail or food service business and also has two rental units that have been completely renovated in recent years . Other newer renovations include all new vinyl windows and siding(2013) and pex plumbing. Some other great features include a 600AMP electrical service, beer cooler and air conditioning. (id:39198)
Location
Province
Newfoundland & Labrador
City
Bishops Falls
Address
Eltero
Postal Code
A0H1C0
Location Highlights
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Listed by
Keller Williams Platinum Realty - Grand Falls 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
3,346
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
$205,000
Asking Price
$205,000
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)
3,346
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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