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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,495,000
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
*IMPECCABLE COMMERCIAL BUILDING* Welcome to 738 rue Victoria, this very well maintained building and its perfect location is an opportunity to invest! With more than 36,880 square feet of surface area, the options and possibilities are more than interesting. In addition, from the structure to the electrical system as well as the heating system are up to codes and in very good condition. It is located between two highway exits and above all on a busy commercial street. Are you a business owner and want to have enough space in addition to the possibility of income? Call me, I will be happy to give you more details on the possibilities of this building! (id:39198)
Location
Province
New Brunswick
City
Edmundston
Address
738 Rue Victoria
Postal Code
E3V3S9
Location Highlights
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Listed by
Riviera Real Estate Ltd New Brunswick listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
36,880
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
N/A
Financial Information
Yearly Rate
$3,495,000
Asking Price
$3,495,000
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.
N/A
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)
36,880
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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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.
