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Institutional Property For Sale at 160 Irving BLVD Unit#1 in Bouctouche, New Brunswick

4 Sale ID #132189
Updated 02 May 2024

Asking Price

$2,500,000

Cap Rate help 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 this well-established Care Home, located in a prime location, with a 38-bed capacity and a level 1-2 license. This is an excellent opportunity for those who are looking for a turnkey business in the healthcare industry. The building is approximately 12,000 square feet and was formerly known as Foyer Lisa Allain. The interior of the building consists of a spacious kitchen, dining room area, activity area, laundry room, and administrative offices. All appliances and furniture are included, providing you with a hassle-free start to your business. The care home is located just minutes away from all amenities, such as schools, beaches, restaurants, church, pharmacies, marina, car dealerships, golf course, farmers markets, sports complex, and walking trails. In the winter months, snowmobile and UTV trails are also available for recreational activities. Financial documents for the business, building, and equipment are available upon request. For further information and details, please feel free to call, text, or email. This is a fantastic opportunity for those who are passionate about providing care and making a difference in the lives of others. (id:39198)

  • MLS® : #M152099
  • Date Listed : 27 Apr 2023

Location

Province

New Brunswick

City

Bouctouche

Address

160 Irving Blvd Unit#1

Postal Code

E4S3L5

Location Highlights

N/A

Listed by

Keller Williams Capital Realty New Brunswick listing

Category

institutional-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

8,414

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$2,500,000

Asking Price

$2,500,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

8,414

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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