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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$30,000
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
Nestled on a tranquil street in Georgetown, this exceptional town lot offers the perfect canvas for your dream home. Boasting convenient town sewer hook-up, this property is ideally situated within walking distance to all the charm and conveniences that Georgetown has to offer. Immerse yourself in walking trails, relax on the beach, savour the local cuisine at charming restaurants, or indulge your sweet tooth at the nearby sweet shop. Need to pick up essentials? The general store is just a stroll away. Plus, enjoy easy access to recreational activities at the local rink and the acclaimed King's Playhouse. Families will appreciate the proximity to the K-8 school, while students can pursue higher education at Holland College. Excitingly, Georgetown is set to experience a surge in growth with the upcoming Clean Tech Park, promising new opportunities and development in the area. Don't miss out on the chance to be part of this vibrant community ? seize this incredible opportunity to make Georgetown your home. (id:39198)
Location
Province
Prince Edward Island
City
Georgetown
Address
Lot Gordon Street
Postal Code
C0A1L0
Location Highlights
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Listed by
EXIT REALTY PEI 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
$30,000
Asking Price
$30,000
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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