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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,398,000
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
Attention investors, if you want to grow your portfolio, this campground could be an exceptional addition! This is your opportunity to own one of New Brunswick's most popular and prosperous campgrounds - Sunrise Campground (Two PIDs: 40429243, 40101081; Two PANs: 4883329, 3664471) This friendly family-owned campground is located at 506-512 NB 11 (506-512 Route 11) in Lower Newcastle and is only a 10-minute drive to shopping, theatre, and restaurants. With access to breathtaking wooded areas and water frontage, guests can freely choose to enjoy the private river beach, fish in one of Atlantic Canada's premier bass fishing sites, or just relax in a secluded wooded area for added privacy. Sunrise Campground has been committed to ensuring that its camping experience is worry-free, which has resulted in an excellent reputation and established clientele. All service sites and equipment are well-maintained and up-to-date. There are 128 full-service sites, including 26 sites located in wooded areas for privacy. All sites come equipped with 30 AMP service. There are also 5 tent sites. The campground provides many family entertainment options, including a large heated saltwater pool with changing rooms, a playground, and an arcade area. On-site amenities such as a store, laundromat, and dumping station provide convenience, making it an attractive accommodation. Don't miss out on this fantastic opportunity; schedule your private viewing today! (id:39198)
Location
Province
New Brunswick
City
Lower Newcastle
Address
506-512 Route 11
Postal Code
E1V7G1
Location Highlights
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Listed by
Colliers International New Brunswick 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
3,555
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
$1,398,000
Asking Price
$1,398,000
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)
3,555
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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