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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$529,000
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
Incredible opportunity to purchase a upscale timber frame commercial building in the sought after town of Chester with no shortage of options for its use. Located in the South Shore community of Chester Basin right off exit 9 and just 45 minutes from the city, it offers a perfect blend of rural charm and accessibility to nearby urban markets, making it an attractive location for both tourists and locals. Featuring a grade loading bay door, three phase power, and ductless heat pumps, This property represents not only a great investment for your business with an entirely turn key building but also a unique opportunity to join a thriving and vibrant community. Currently set up as a distillery, the equipment can be purchase along with the building at additional cost. The Seller would be open to partnerships in relation to operating the distillery on site. Whether you choose to continue the distillery's operations or launch an entirely new concept, there are endless possibilities. (id:39198)
Location
Province
Nova Scotia
City
Chester Basin
Address
Highway 3
Postal Code
B0J1K0
Location Highlights
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Listed by
RE/MAX Nova (Halifax) Nova Scotia 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
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
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Financial Information
Yearly Rate
$529,000
Asking Price
$529,000
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
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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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