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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$950,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to 53-55 Canada Road. Located in the heart of downtown, this commercial property is the perfect spot for your business. La Place - Centre-Ville features 14 diverse commercial units, including 2 restaurants, a bar, several entertainment and fitness businesses, as well as plenty of office space. Call for income & expenses and more information. (id:39198)
Location
Province
New Brunswick
City
Edmundston
Address
Canada
Postal Code
E3V4Y6
Location Highlights
N/A
Listed by
Riviera Real Estate Ltd New Brunswick listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
42,800
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$950,000
Asking Price
$950,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
42,800
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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