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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$284,900
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
Welcome to your future dream home destination! Settle into the sought-after ""Watermark by the Bay"" community, where your custom-built haven awaits amidst the picturesque charm of Prince Edward County. Seamlessly close to Belleville, this exclusive retreat not only grants easy access to essential amenities like High-Speed Internet and Municipal water service but also invites you to embrace the tranquility of the Bay of Quinte for fishing,kayaking, and more. Plus, with its ideal elevation, this property offers the perfect opportunity for a walkout basement, adding an extra touch of luxury to your future abode.Seize the chance to craft your perfect lifestyle in this idyllic setting your dream home starts here. **** EXTRAS **** See additional documents for Schedule B with the list of Restrictive Covenants, Survey with Hydro Easement located on the East side of property see survey for details. (id:39198)
Location
Province
Ontario
City
Prince Edward
Address
634 County Road 28
Postal Code
K8N4Z7
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE REALTY 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
$284,900
Asking Price
$284,900
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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