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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,999
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
Enjoy a breathtaking sunset every evening on the west side of picturesque PEI. 3 lots available Lot 22-1 has 165' waterfront-3.35 acres, Lot 22-2 has 218.65' waterfront-3.68 acres, and lot 22-3 has 165'waterfront-3.73 acres, all 3 are spacious and private, perc tested category 2, and located off a year-round paved road. Without a doubt one of the most beautiful beaches on PEI. Watch the boats sail by on your private lot or enjoy a swim, bonfire or walk right to Skinners Pond beach/harbor, the home of the famous Stompin Tom Connors, only a 3 minute drive to the center! Beach access road (Kenny Shore Road) is just within walking distance (if you decide not to install your own set of beach access stairs)which can be done on your 24 foot cape! 13 minute drive to Tignish, 9 minutes to Miminegash, 15 minutes to Tignish Harbor, 17 minutes to St Felix Golf Course, 28 minutes to Mill River Golf Course. (id:39198)
Location
Province
Prince Edward Island
City
Waterford
Address
22-122-222-3 Route 14
Postal Code
C0B2B0
Location Highlights
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Listed by
CENTURY 21 NORTHUMBERLAND REALTY 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
$139,999
Asking Price
$139,999
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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