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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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
Business opportunity in a high traffic location! Well established business including multi section goods with diverse loyal customers of Arabic, Indian, Iranian, African, Asian, European and Canadian people. Also it has cellphone stocks on the side. Seller is willing to train the new owner. DO NOT MISS THIS OPPORTUNITY. Shopping inventory and cellphones are negotiable, and it will be added to the purchase price. A new walk-in cooler ( 9 feet L by 9 feet W by 9 feet H ) to store refrigerated product has been added to the storage area of the store in May 2023. Only the business is for sale. Property is not included. Business details are only available to qualified buyers once a confidentiality agreement is signed by the potential buyers. (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
585 Mountain Rd
Postal Code
E1C2N8
Location Highlights
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Listed by
Royal LePage Atlantic 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
$199,900
Asking Price
$199,900
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
N/A
Market Competition
N/A
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