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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$10
Lease Rate
N/A
Space Size
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Year Built
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Premise Summary
This retail frontage is located in the heart of Clarenville. The property is approximately 2290 square feet. The frontage is suitable for various retail businesses, such as clothing stores, gift shops, and more. There is plenty of foot traffic as adjacent businesses include Shoppers Drug Mart, Consumers Co-op Grocery Store, No Frills (Loblaws), CIBC and Canada Post. The property is available for sale or for lease. Operating expenses are estimated at $2.50 psf for 2023, which include property taxes, insurance, and shopping centre association fees, snow clearing, etc. (id:39198)
Location
Province
Newfoundland & Labrador
City
Clarenville
Address
250 Memorial Drive
Postal Code
A5A0E4
Location Highlights
N/A
Listed by
ROYAL LEPAGE TEAM REALTY Newfoundland & Labrador listing
Category
Property Information
Premise Status
N/A
With Accommodation
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Tenancy
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Space Size
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Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
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Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
Sq. Ft. Rate
$10
Asking Price
$10
Rate/yr
N/A
Floor of Lease
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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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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