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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,997,000
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
Have you dreamed of owning a winery? Not just any winery but an established, attractive, extremely well-built enterprise complete w/ the highest quality Italian & Canadian S/S equipment, acres of mature vines, in a beautiful setting w/panoramic view? This is your rare chance! Gillis of Belleisle is an established hobby winery designed and built w/ nothing but the best! Designed by architect Tom Johnson to resemble a 1940's country store. Built to the highest standards by master-builder Reg Potter well-known as the best. This property has so much to offer; everything from a gentleman's hobby to profitable business, event planning to charming restaurant or private residence. Beautifully landscaped in a quiet private setting w/ welcoming hand-laid brick patio & covered veranda. 9.1 acres including pond, 2-acre meadow w/ spectacular view (perfect site for a new home) or winery transformed into a gracious home. Includes Italian (Pesce, Mencoarelli & Enoveneta) & Canadian (Criveller) S/S production equipment, 3300 sq' building plus 750 sq' storage loft, 600 amp 3-phase power, 10,000+ bottles of wine, 2400 empty bottles, labels, 8,000 litres of non-bottled wine, dry barn (for storage or horses) & license for 120,000 bottles per year max. Centrally located, walking distance to schools K1 -12, 1.8 km to swimming, boating, firehall, community center, across from Silver Maple Forest Walking Trails. Property is exempt from the Non-Canadians Act. USA & worldwide offers welcome. (id:39198)
Location
Province
New Brunswick
City
Springfield
Address
1826 124 Route
Postal Code
E5T2K2
Location Highlights
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Listed by
COLDWELL BANKER SELECT REALTY New Brunswick 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
$1,997,000
Asking Price
$1,997,000
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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