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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$315,000
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
Newly renovated 1,800 square foot commercial building on one of the city's busiest street. 837 square feet of space already rented to a long-term tenant. 950 square feet of independent storage space at the rear, accessible by two garage doors. Several improvements in 2021: Redesign of the facade, new addition, fenced outdoor space (Maritime Fence) at the rear. Perfect for investors, act quickly! ----- Bâtiment commercial de 1 800 pieds carrés, nouvellement rénové, sur un des artères les plus achalandé de la ville. 837 pieds carré d'espace déjà loué à un locataire long terme. 950 pieds carré d'espace d'entreposage indépendant à l'arrière, accessible par deux portes de garages. Plusieurs améliorations en 2021: Redesign de la façade, nouvelle addition, espace extérieur clôturé (Maritime Fence) à l'arrière. Parfait pour investisseur, faites vite! (id:39198)
Location
Province
New Brunswick
City
Edmundston
Address
310 Victoria
Postal Code
E3V2H9
Location Highlights
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Listed by
EXIT REALTY ELITE 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
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
$315,000
Asking Price
$315,000
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
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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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
