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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$990,888
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
RENOVATED COUNTRY STORE, looking for new owners!! This hidden gem is located in the heart of cottage country along our stunning Northumberland Straight! This operation offers gas, liquor mart, ice cream, bakery, fishing gear, all general store & ADDITIONAL building set up as a food serve space... giving you all the conveniences! Some property updates include: New gravel parking lot, new geothermal high efficiency furnace 2017, new roof shingles 2014 and updates in 2020, new steel doors, added coolers, new gas tanks/pumps, new bakery in the commercial kitchen and cash registers. Located centrally between Amherst NS -Pugwash NS & next to a provincial campground. Enjoy swimming, boating, kayaking in our beautiful waters or simply just sit and enjoy the stunning sunsets from your property! If you are looking for a business opportunity in the area, this may be for you. (id:39198)
Location
Province
Nova Scotia
City
Amherst Shore
Address
Highway 366
Postal Code
B0M1E0
Location Highlights
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Listed by
RE/MAX County Line Realty Ltd. 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
$990,888
Asking Price
$990,888
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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