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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$62,744
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
HERE IS A SMALLER LOT ON THE CORNER WITH SOME WATER VIEW OF RUSTICO BAY, LOCATED IN BLUE HERON ENTERPRISE ESTATE ON GALLANT LANE, MINUTES FROM THE VILLAGE OF NORTH RUSTICO. THERE ARE A NUMBER OF GOOD QUALITY HOMES IN THE SUBDIVISION. THIS IS A GREAT PLACE TO BUILD OR PURCHASE FOR AN INVESTMENT DOWN THE ROAD. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY PURCHASER IF DEEMED NECESSARY. TAXES ARE FOR A LARGER PARCEL AND WILL BE ADJUSTED AT CLOSING. RESTRICTIVE COVENANTS ARE IN PLACE TO PROTECT YOUR INVESTMENT. NO PCDS FORM AS VENDOR IS NON RESIDENT. HST APPLICABLE. NOTE: OTHER LOTS AVAILABLE FOR VARIOUS PRICES, THIS LOT IS NUMBERED LOT #6 AS PER THE TAX GEO MAP. PURCHASER MAY WANT TO PURCHASE TWO LOTS TO INCREASE THEIR WATER VIEW. (id:39198)
Location
Province
Prince Edward Island
City
North Rustico
Address
Lot#6 Gallant Lane
Postal Code
C0A1X0
Location Highlights
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Listed by
GOLD KEY REALTY 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
$62,744
Asking Price
$62,744
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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