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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,000
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
Rare opportunity to own a lot approved for 3 units with panoramic views of the Gulf of St Lawrence and National Park protected land. A developers dream to be creative and build unique styles that present the best views available with the highest lot in the subdivision. This lot is apart of Lowther Heights subdivision and comes with full year around access with paved roads being deeded to the province and full underground power. Access to public services such as groceries and fire protection, and all at one of the lowest tax rates in the Province. Access to schools within both the Commission scolaire de langue française and the Public School Board which includes a French Immersion Program. Only km's from a new arena and community center featuring the Island's only Olympic size ice surface, numerous trails for both walking and cycling, several top rated golf courses, and water sports including kayaking, kite-boarding, swimming, and more. HST is included in the purchase price. (id:39198)
Location
Province
Prince Edward Island
City
Cavendish
Address
Lot 23-15 Brians Lane
Postal Code
C0A1N0
Location Highlights
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Listed by
RED- ISLE REALTY INC. 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
$229,000
Asking Price
$229,000
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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