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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$529,900
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
Great opportunity to purchase a well-established, successful business on a busy street in Gagetown. This establishment stands as the sole operating retail store in Gagetown, providing essential services to the local community and the surrounding area. The business operates as a vital general store, offering a diverse inventory that includes gas, general household necessities, and a comprehensive selection of groceries. It features a large parking lot, 4 pumps, a beautiful canopy, and a wide range of amenities and essentials for customers. A significant value-add is the full set of equipment, ready for a quick-service food or pizza shop, etc., that is currently not in use. This prepared infrastructure presents a substantial opportunity, particularly during the summer season when the village experiences a major influx of visitors, allowing for a strategic increase in foot traffic and revenue through expanded food and beverage sales for the community. Financial information and further details are available to qualified buyers who must sign a confidential agreement. (id:39198)
Location
Province
New Brunswick
City
Gagetown
Address
Front
Postal Code
E5M1A1
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
4,844
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
$529,900
Asking Price
$529,900
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)
4,844
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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