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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$122,000
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
HERE IS A BUILDING LOT ON THE CORNER OF THE RUSTICO ROAD AND GRANDVIEW LANE WITH SOME VIEW OF RUSTICO BAY, LOCATED IN BLUE HERON ENTERPRISE ESTATE, MINUTES FROM THE VILLAGE OF NORTH RUSTICO. THERE ARE A NUMBER OF GOOD QUALITY HOMES IN THE SUBDIVISION. THIS IS A GREAT PLACE TO BUILD OR PURCHASE FOR AN INVESTMENT DOWN THE ROAD. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY PURCHASER IF DEEMED NECESSARY. TAXES ARE FOR A LARGER PARCEL AND WILL BE ADJUSTED AT CLOSING. RESTRICTIVE COVENANTS ARE IN PLACE TO PROTECT YOUR INVESTMENT. NO PCDS FORM AS VENDOR IS A NON RESIDENT. HST APPICABLE. NOTE: OTHER LOTS AVAILABLE FOR VARIOUS PRICES, THIS LOT IS NUMBERED LOT #11 & #10. (id:39198)
Location
Province
Prince Edward Island
City
North Rustico
Address
10 & 11 Rustico Rd Rte 6
Postal Code
C0A1X0
Location Highlights
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Listed by
GOLD KEY 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
$122,000
Asking Price
$122,000
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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