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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$525,000
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
Amazing opportunity ! This commercial office building is located on Main Street in Richibucto where there is a high volume of traffic. You will find a paved parking area that offers plenty of space and an easy in and out access for consumers and staff. This office building has been very well maintained over the years and offers approximately 5,100 sq. feet of space. This property offers 8-9 private offices, staff and public washrooms, lunch room and reception areas. Included is a large parcel of land behind the building, offering room for expansion. The units are currently occupied by an Income Tax and Bookkeeping Service center. The possibility are endless, you could make this your own office space, rent out the office spaces or even convert the building into multifamily residence. This is a turnkey operation that has been growing for 44 years ! Within walking distance to many amenities, including but not limited to, banks, clinics, pharmacies, convenience stores, restaurants, entertainment areas, schools just to name a few ! Only 45 minutes to Moncton. For more information please call, text or email. (id:39198)
Location
Province
New Brunswick
City
Richibucto
Address
9550 Main St
Postal Code
E4W4E4
Location Highlights
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Listed by
Keller Williams Capital Realty 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
5,100
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
$525,000
Asking Price
$525,000
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)
5,100
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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