rotate

Rotate your device back to portrait Mode!

Retail Property For Sale at 585 Mountain RD in Moncton, New Brunswick

4 Sale ID #54822
Updated 28 Apr 2024

Asking Price

$199,900

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

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)

  • MLS® : #M142723
  • Date Listed : 02 Jun 2022

Location

Province

New Brunswick

City

Moncton

Address

585 Mountain Rd

Postal Code

E1C2N8

Location Highlights

N/A

Listed by

Royal LePage Atlantic New Brunswick listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$199,900

Asking Price

$199,900

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors