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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$65,000
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
Located at 301 Main Street in the Town of Bishop's Falls is this commercial mix building that could be utilized for many different uses. The building is zoned for employee residence so any potential buyer could live on the premises while running any potential business, the residence features 2 bedrooms, fully equipped kitchen with walk in cooler, main bath and large living area. With over 9000 square feet of floor space this would be the ideal location to run that business you were always thinking about opening! Front section of building measures 30x50 and can be used as a store front or employee residence, middle section has storage lockers, back portion of building is open concept perfect for inventory and at the rear of the building there is a double bay garage measuring 28x39 and would be great for loading and off-loading freight. (id:39198)
Location
Province
Newfoundland & Labrador
City
Bishops Falls
Address
Main
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
9,000
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
$65,000
Asking Price
$65,000
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)
9,000
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
N/A
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