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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,500
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
PRIME DOWMTOWN COMMERCIAL GEM IS NOW BEING OFFERED FOR SALE. STEP INTO THIS UNIQUE 3600 SQ FT SPACE,NESTLED AMIDST THE ICONIC JELLYBEAN ROW THE CHARM OF DOWNTOWN ST JOHN'S. PERFECT FOR A BOUTIQUE,RETAIL,PROFESSIONAL OFFICES OR GALLERY. THIS ADAPTABLE PROPERTY NOW OFFERS MAIN FLOOR RETAIL VISIBILITY AND UPPER LEVEL OFFICE POTENTIAL PLUS A FULL HEIGHT BASEMENT AREA .THIS PROPERTY OFFERS A GREAT CENTRAL LOCATION WITH MODERN AMENITTIES AND EASY ACESS BOTH EAST AND WEST. OPEN YOUR BUSINESS AND BE PART OF THE VIBRANT HEART OF ST JOHN'S PROPERTY COULD ALSO BE AVAILABLE FOR LEASE. (id:39198)
Location
Province
Newfoundland & Labrador
City
St Johns
Address
Queens
Postal Code
A1C2A5
Location Highlights
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Listed by
RE/MAX Realty Specialists 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
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
$449,500
Asking Price
$449,500
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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