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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$62,900
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
Panoramic Waterview 1.3 Acre level approved building Lot in a small private 11 Lot development located in the desirable community of Orwell Cove, only 20 mins from the Town of Stratford with most amenities. Only 5 mins to Coopers General store and gas bar with Groceries, Meats, Spirits and hardware. Within 10 mins of 2 Golf Courses and Beautiful South shore beaches. Lot is Perc tested category 2 for Septic system & has Covenants in place to protect your investment. Watch the 90 plus Cruise ships from your new Dream home deck in the morning and leaving in the evening. Gorgeous sunrises & amazing sunsets!!! Underground electrical . Road is Year round accessible with an annual fee for road maintenance & snow removal of $300 - $400 depending on the Winter. HST over & above purchase price. ONLY 2 Lots left!! 8 Existing Homes in S/D. (id:39198)
Location
Province
Prince Edward Island
City
Orwell Cove
Address
Lot # 10 Michael's Lane
Postal Code
C0A2E0
Location Highlights
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Listed by
CONFEDERATION 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
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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
$62,900
Asking Price
$62,900
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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