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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$369,000
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
Gas Bar // Convenience Store // NB Liquor // Welcome to Jay's Place. This commercial property has 2.3 Acres of land across the road from the gorgeous Bay of Chaleur. Jay's Place is a well-established Convenience Store which has been loved by many customers for the past 23 years. The business offers NB Liquor and Gas Bar and Convenience store. There's also a kitchen area for take-out in the building, and the owner has operated food services in the past. A great opportunity for the owner to earn extra income! The store is busy throughout the year, especially during the Summer and Winter months with customers visiting cottages in the area. For more information, please contact your REALTOR®. (id:39198)
Location
Province
New Brunswick
City
Janeville
Address
5912 Route 11
Postal Code
E2A5L2
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
2,925
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
$369,000
Asking Price
$369,000
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)
2,925
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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