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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
Domaine Latitude 46 Estate Winery is a 21 acre property, located on the banks of the Petitcodiac River in Memramcook, New Brunswick. The vineyard has a 6 acres of grapevines for you to harvest throughout the year, and there is even more space to expand! At Latitude Winery, they host wine tastings in the on-site tasting room, production tours and offer guests to have a picnic lunch by the river or to enjoy a peaceful walk through the vineyard. This business offers so much for a prospective buyer looking to join in on a little taste of wine country! Located just outside the city limits of Moncton, this beautiful vineyard is ready for new owners. Latitude 46 wine has grown great success, and their wines are offered in a variety of ANBL stores. If you are looking to get into the wine business, this is one you should take a look at! Looking to book a showing that will include a private tour and wine tasting? Contact your favourite REALTOR® today. (id:39198)
Location
Province
New Brunswick
City
Memramcook
Address
110 Principale
Postal Code
E4K1A9
Location Highlights
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Listed by
RE/MAX Quality Real Estate Inc. 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
4,104
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
$799,900
Asking Price
$799,900
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)
4,104
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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