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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.
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Lot Size
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Building Size
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Premise Summary
Mechanic's opportunity to operate (OWN or LEASE) your own garage at a high traffic location! This building, located on Main Street in Moncton has 4 garage doors, one of which is 12 feet high and the 3 other doors are 10 feet high. There's plenty of parking for clients and potential to grow the business by adding a 4th hoist (there's currently 3 hoists that can be included for a different price - please ask your Realtor for information on this). The entrance includes the main reception, an office and a public bathroom. This section of the garage is heated with electric heat and the rest of the building with Natural Gas. At this price, what is included in the sale is the garage only but the equipment can be negotiated. Contact your REALTOR® for more information. (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
1965 Main St
Postal Code
E1E1J1
Location Highlights
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Listed by
Creativ 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
3,100
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
$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.
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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)
3,100
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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