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Industrial Property For Sale at 966 Route 2 Highway in Rollo Bay, Prince Edward Island

4 Sale ID #184211
Updated 02 Mar 2024

Asking Price

$399,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Real Estate and going concern business for sale. The property is located in a high advisability area in Eastern PEI. The company was established in 1995, and services many local businesses in the Aerospace, Fisheries, Agricultural, Boat Building, Food Processing, Hydraulic, and Wind Power industries in Atlantic Canada. The sale would include clients, contacts, inventory, onsite machinery, building, land, and business name and contracts. This area offers easy transportation as well as lower taxes that a city location offers. Selling the lot & building at $150,000 (without business or machinery). (id:39198)

  • MLS® : #202308746
  • Date Listed : 11 May 2023

Location

Province

Prince Edward Island

City

Rollo Bay

Address

966 Route 2 Highway

Postal Code

C0A2B0

Location Highlights

N/A

Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY Prince Edward Island listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,311

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$399,000

Asking Price

$399,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,311

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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