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Benefits
Asking Price
$1,750,000
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
Prime real estate investment opportunity! Situated in a thriving location between Centreville and Florenceville, home to McCain Foods' headquarters and major manufacturing companies, this property is a hub of growth. Surrounded by recent developments including a hotel, gas stations, offices, apartments, and the Western Valley Multi-Plex, it's a dynamic locale. Zoned for mixed use, it offers road frontage for commercial lots and ample space for multi-family, residential and/or commercial development in behind. The land could be sold as one parcel or subdivided off into smaller lots. There is currently a draft subdivision plan available upon request. Seize the chance to be part of this prosperous landscape where potential knows no bounds! (id:39198)
Location
Province
New Brunswick
City
Florenceville bristol
Address
Lot Centerville Road
Postal Code
E7L3K5
Location Highlights
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Listed by
Keller Williams Capital Realty - Woodstock Branch 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
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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
$1,750,000
Asking Price
$1,750,000
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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