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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$47,500
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
7.32 acres of land on Wellington Rd with approximately 19' on the Grand River. This property contains wetlands and has a surveyed lot 140' x 120' on the south west corner . According to Wellington bylaws this is not zoned for mobile homes. All measurements should be verified by the buyer. Located 20 minutes west of Summerside, this quiet municipality of around 400 residents offers amenities such as banking, grocery store, pharmacy, service station , post office, legion and a fire department to name a few.The Grand River runs through the village. There is a dam, fish ladder and a recreational park. Neighbouring Abram Village has an arena and French language school for kindergarten to grade 12. (id:39198)
Location
Province
Prince Edward Island
City
Wellington
Address
Wellington Road
Postal Code
C0B2E0
Location Highlights
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Listed by
CENTURY 21 NORTHUMBERLAND REALTY 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
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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
$47,500
Asking Price
$47,500
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)
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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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