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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$55,000
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
5.94 acres located along the beautiful Enman Shore Road. 350 plus feet of road frontage. This quiet country road leads to Egmont Bay on the south west side of Prince Edward Island. Walk to the shore each morning and feel the breezes from the Gulf of St. Lawrence. This land can easily be nurtured to accommodate your new home or cottage. Some selective cutting has already been done but there is still lots of trees for privacy. From your back yard you can see Enmore River. And leading to your property you will cross over a wooden bridge over the Enmore River; one of a few remaining wooden bridges on the island. If you like to kayak and canoe this amazing location is sure to be a fit for your pleasure. With a beautiful beach just a 10 minute walk down Enman Shore Road. At this price It may not get any better than this. (id:39198)
Location
Province
Prince Edward Island
City
North Enmore
Address
Enman Shore Road
Postal Code
C0B1J0
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
$55,000
Asking Price
$55,000
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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