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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$44,000
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
Large country lot available along the scenic Rte 12 in Grand River. There are beautiful new homes being built in this the Mill Creek Subdivision. Although Restrictive Covenants are in place to protect your investment, there is an allowance for a small horse or pony- see the aforementioned covenants. Located just a short 20 minute drive west from Summerside and only a five minute walk to a great beach, this lot will provide a great place for good country living. (id:39198)
Location
Province
Prince Edward Island
City
Grand River
Address
Lot 12 Route
Postal Code
C0B1Y0
Location Highlights
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Listed by
COLDWELL BANKER/PARKER REALTY SUMMERSIDE 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
$44,000
Asking Price
$44,000
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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