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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$279,000
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
Welcome to 2783 Main St, Hillsborough! This property has a fantastic view worth a million dollars. Main floor has an industrial kitchen with a spacious dining area to accommodate any business you can imagine. Previously used SCD kitchen and prior to that Bakery and Coffee. It's ideal for wide range of businesses. Lower level, there is a cozy bedroom, 3-pc bathroom (with heated flooring). The open-concept kitchen, dining and living room, wett-certified wood stove to keep you warm. Ceramic flooring throughout the main and lower levels. This property has had many improvements in last 3 years, including Roof, Wheelchair Ramp & Deck (Composite material maintenance free). Additionally, 3 phase Hydro, Plenty of parking for clients. Great opportunity to run your business upstairs and live downstairs in the walk-out basement. This Property is a must-see to really understand how amazing it is, especially with its beautiful surroundings. (id:39198)
Location
Province
New Brunswick
City
Hillsborough
Address
2783 Main St
Postal Code
E4H2X4
Location Highlights
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Listed by
Royal LePage Atlantic New Brunswick listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,200
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
N/A
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
N/A
Financial Information
Yearly Rate
$279,000
Asking Price
$279,000
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.
N/A
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.
N/A
Premises Size (square feet)
1,200
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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