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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$185,000
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
This .98 acre property has 389 ft of road frontage in the heart of Prince Edward County on Salem Rd. Great location for that getaway house you have been wanting to build. This land is minutes away from Consecon and 10 minutes away from some of the best wineries in the area. Property has an entry permit, and is having high speed internet installed underground for your hook up. It's close to the Millennium Trail, and just a short walk to Walts Sugar Shack where you can take advantage of year-round planned activities. Vendor financing is available. **** EXTRAS **** Old roadway on East and North sides are properties belonging to neighbouring farms, making for their driveways (please do not block). (id:39198)
Location
Province
Ontario
City
Prince Edward
Address
00 Salem Rd
Postal Code
K0K1T0
Location Highlights
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Listed by
EXIT REALTY GROUP Ontario 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
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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
$185,000
Asking Price
$185,000
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)
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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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