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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,500
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
IT IS NOT OFTEN THAT A COMPLETE INVESTMENT PACKAGE SUCH AS THIS TURNKEY CONVENIENCE STORE BUSINESS WITH AN APPROVED NBLCC AGENCY LIQUOR STORE, GAS PUMPS PLUS AN ATTACHED THREE BEDROOM ONE BATHROOM OWNERS APARTMENT BECOMES AVAILABLE!PERFECT FOR OWBNER TO LIVE ON SITE OR COULD AN ADDITIONAL $1200 MONTHLY AS AN ADDITIONAL INCOME AND THE OPPORTUNITY TO BECOME A TAKE OUT STYLE BUSINESS AS WELL. THIS WELL APPOINTED CONVENIENCE STORE HAS PLENTY OF SHELVING SPACE, REFRIDGERATED UNITS FOR GROCERY AND BEVERAGES, FULL WALK IN COOLER OFFERING PLENTY OF STORAGE.MOST EVERYTHING IS INCLUDED! SECURITY SYSTEM, POS SYSTEM FOR INVENTORY CONTROL. NEW BUYERS WILL REQUIRE TO QUALIFY FOR NB LIQUOR LICENCING ACT. INVENTORY WILL BE EXTRA AND CALCULATED PRIOR TO CLOSING. NO FINANCIALS WILL BE RELEASED UNTIL A NON DISCLOSURE STATEMENT IS FULLFILLED.THIS IS A TURNKEY OPERATION WHERE ON DAY YOUR YOU ARE EARNING INCOME! CALL OR TEXT JIM 506 646 0754 FOR ADDITIONAL INFORMATION (id:39198)
Location
Province
New Brunswick
City
Public Landing
Address
9026 Route 102
Postal Code
E5K4O7
Location Highlights
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Listed by
RE/MAX PROFESSIONALS 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
$649,500
Asking Price
$649,500
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.
