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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,760,000
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
Immediate access of Golden grove & Clark Road. Additional accesses off DOT government road access off #1HWY exit 133. This parcel has offers many option, residential development, having 3 mountain ranges offer Millions of tons of aggregate extraction and once depleted- could provide residential/industrial development. Immediate access is available off Golden Grove road/Clark road. These lands also enjoy a source of unlimited electrical power from the NB Main POWER TRANSMISSION LINE RUNNING TO Moncton, NB. (northeast). Whether residential, Logging, resource uses such as gravel, rock, peat moss, cranberry, industrial, wind farm- having this Electrical power grid is definitely an asset!! These lands are approximately 718 meters wide(2,358') and stretches back from the #1 HWY to the Golden grove road area, approximately 2.6 Kilometers back. With an absolute base elevation of approximately 142 feet, there are 6 separate mountain ranges of aggregates, ranging in elevations from 206 feet to 370 feet providing Millions of metric tones of various aggregates. The majority of these lands are in The City Saint John. Accesses can be from both #1 Hwy (""provincial access road""- requiring permitting) or immediate access off Golden grove road. Lands where last pulped in the 1960's. Great Location & investment opportunity. List price only $4,300/ acre. (id:39198)
Location
Province
New Brunswick
City
Saint John
Address
- Route 1 -exit #133 Lane
Postal Code
E2H2X2
Location Highlights
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Listed by
RE/MAX PROFESSIONALS 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
$1,760,000
Asking Price
$1,760,000
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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