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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,000
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
Amazing waterfront vacant lot with low bank, small beach area in an up and coming area only 20 minutes to Summerside. This 1.5 acre lot is cleared and ready for your dream home. Protective Covenants to protect your investment. There are year round residents here as well as a ranch at the start of Grand River Drive. Life is a beach in Grand River where the air is clean, the salt water is in abundance, views for miles and on the daily and great people surround you. (id:39198)
Location
Province
Prince Edward Island
City
Richmond
Address
0 Grand River Drive
Postal Code
C1N1Y0
Location Highlights
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Listed by
NORTHERN LIGHTS REALTY LTD. Prince Edward Island 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
$139,000
Asking Price
$139,000
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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