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Benefits
Asking Price
$129,000
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
Ideal canvas for your business vision !!!!! This versatile property offers an exceptional opportunity for various business ventures. With its turnkey setup, this charming bistro-turned-office space is ready for new owners to transform it into their ideal workplace. The spacious dining area, originally designed to accommodate 20+ guests, now offers endless possibilities for office layout and collaboration spaces. Imagine utilizing the drive-thru window for convenient client pickups or transforming it into a dedicated entrance for staff !! Whether you envision an innovative co-working space, hairdressers salon, or a creative office/ retail shop, this property offers the flexibility to tailor the space to your specific needs. Don't miss out on this classic building's potential to elevate your business to new heights. Call today to schedule a viewing ! (id:39198)
Location
Province
New Brunswick
City
Plaster Rock
Address
221 Main Street
Postal Code
E7G2G7
Location Highlights
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Listed by
KELLER WILLIAMS CAPITAL REALTY 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
0
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
$129,000
Asking Price
$129,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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