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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$75,000
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
Ideal opportunity as this well established wood working business (Talk About Furniture) is being offered for sale in way of a share purchase as after 27 years the owner has decided to retire. All equipment and materials are included in the purchase. Property lease (2,100 square feet +-) includes heat, lights, water and sewer, snow removal, and all taxes. Owner has expressed his willingness to stay active during the transition should the purchaser need any additional assistance in getting started. Financials are available to qualified purchasers. Opportunities like this don't come along very often! Ever dreamed of owning your own business? This could be just what you're looking for. Well worth checking out. Call today! (id:39198)
Location
Province
New Brunswick
City
Riverview
Address
500 Hillsborough Rd
Postal Code
E1B4E7
Location Highlights
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Listed by
Keller Williams Capital 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
0
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
$75,000
Asking Price
$75,000
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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