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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,000
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
For more information, please click Multimedia button. S Looking for your next project? This is a Conversion Project in Campbellton, NB. Building plans completed and permit ready for an additional 14 units (15 units in total), with zoning variance allowing up to 21 units. The building is roughly 10,600 sq. ft. with a current Rent Roll of approx. 30K/year. The project is well positioned to take advantage of Campbellton's Housing Accelerator Fund with 280K in grants available with the current proposed unit mix. Vendor financing available, additional fees may apply. (id:39198)
Location
Province
New Brunswick
City
Campbellton
Address
Vanier
Postal Code
E8C1V7
Location Highlights
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Listed by
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
10,600
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
$299,000
Asking Price
$299,000
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)
10,600
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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