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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$59,000
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
Route 14 Miminegash. 2.09 acre parcel of land with a 12x22 trailer pad ready for a trailer or small cottage and land also has two wells that were drilled for the Miminegash Fire Dept. Owner does not warranty wells but they are there. The land is cleared and is located close to a beautiful beach at Miminegash Harbour and shore actually just within walking distance across the road. Also very close to convenience/grocery store. Local social center, parks and schools just a short commute. Golfing at Mill River and St. Felix just a short distance. If you are looking for a piece of PEI this may be just the spot for you. (id:39198)
Location
Province
Prince Edward Island
City
Miminegash
Address
Route 14
Postal Code
C0B1S0
Location Highlights
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Listed by
ROYAL LEPAGE COUNTRY ESTATES 1985 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
$59,000
Asking Price
$59,000
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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