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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$269,900
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
'Bridgetown Variety Store' with commercial building, an ongoing business for sale. This prime building in downtown Bridgetown is currently home to the thriving Bridgetown Variety Store. If you are looking to own and operate your own business, this may be it! The 4000 square foot retail store has premium street frontage and public parking lot at the rear. Bridgetown is an attractive location and the stree has just been totally upgraded with new services, street and sidewalks! The building has had updates to roofing (now a pitched roof), electrical and heating in recent years. Loading dock at back and great storage with shelving for extra inventory storage in the basement. The building/business is for sale with equipment and fixtures and the well stocked inventory to be negotiated extra as per inventory taken at time of closing. As a bonus, a second Variety Store located in Annapolis Royal will be included (in rented premises). This is a great opportunity to own your own business, ideal Ma & Pa family operation! The locations are premium, the opportunity to make your own career and changes as you like are waiting. A Purchase and Sale of 14 Queen (PID#05147855) must include a clause for stock and inventory and equipment for both locations, to be purchased separately from the business (a division of Bridgetown Pharmacy Ltd), as per inventory at time of closing. (id:39198)
Location
Province
Nova Scotia
City
Bridgetown
Address
14 Queen Street
Postal Code
B0S1C0
Location Highlights
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Listed by
RE/MAX Banner Real Estate Nova Scotia 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
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
$269,900
Asking Price
$269,900
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)
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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