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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$50,000
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
Located in St. Lawrence on Centerline Road in Western, PEI is 10 acres of land consisting of Spruce, Poplar, Maple and a variety of other trees. This land would make for a great location for your new home, cottage or mini home. Hydro and internet service are available along this Route known as Centerline Rd. There is approximately 600 feet of paved road frontage with this land. Located on a newly paved rd. Route 151. The nearest beach, convenience and restaurant and service station as well as fresh lobster would be Miminegash. The local harbor has approximately 40 local fisherman. Local beaches include Skinners Pond, Waterford, Campbellton, Howards Cove and West Point. Property taxes are $109 for resident. Sold as is condition. Property has not been perc tested. (id:39198)
Location
Province
Prince Edward Island
City
St. Lawrence
Address
* Center Line Road
Postal Code
C0B2B0
Location Highlights
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Listed by
ROYAL LEPAGE COUNTRY ESTATES 1985 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
$50,000
Asking Price
$50,000
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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