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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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
Quaint 4.6 Acre Property To Build Your Dream Home W/ Existing Build Permit And Design Renderings Available. Located Close to Many of the County's Great Attractions. 7 minutes to Parsons Brewery, 10 minutes to Three Dog Winery, and 20 minutes or less to more than 10+ wineries, including Huff Estates, TerraCello, Sugarbush, Black Prince, and Hinterland. You will be less than 10 minutes away from downtown Picton with Lively Options for Food, Shopping, and Groceries. Wellington Only 20 Min Away Which Has Some Of The Best Dining Options in the County, Including the Drake Devonshire, Idle Wild PEC, and La Condesa. 25 minutes to Sandbanks Provincial Park and 30 minutes to North Beach Provincial, 20 Min To Belleville. **** EXTRAS **** Concept Renderings For Build Can Be Sold At Extra Cost. Survey and Permit Available. (id:39198)
Location
Province
Ontario
City
Prince Edward
Address
2494 County Road 5 Rd
Postal Code
K0K1W0
Location Highlights
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Listed by
SUTTON GROUP-HERITAGE REALTY INC. 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
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
$199,900
Asking Price
$199,900
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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