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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,000
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
Own an Established Business in Sackville, NB! Hirtles Variety has proudly served the Sackville community for over 30 years, earning the loyalty of daily commuters and residents alike. With its prime location, wide range of goods and services, and solid reputation, this is a turn-key business opportunity you dont want to miss. The store offers a convenient one-stop shop for groceries, local products, and daily essentials. Theres also room to grow, with the potential to add a food or café element to further expand services. Additional highlights include: Canada Post contract for mail and parcel services Strong partnership with U-Haul, providing steady rental income in this bustling university town Multiple revenue streams for dependable returns Company vehicle included Option to lease or purchase the building and land Book your showing today please, no drop-ins. (id:39198)
Location
Province
New Brunswick
City
Sackville
Address
Main
Postal Code
E4L4S3
Location Highlights
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Listed by
RE/MAX Avante 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
1,880
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
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Financial Information
Yearly Rate
$129,000
Asking Price
$129,000
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)
1,880
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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