Excellent Opportunity Instant Revenue Business
Location:
Canada
->
New Brunswick
->
St. George
Industry: Real Estate > Other Real Estate
Business Summary
Asking $465,000.
Large building (12,000+ sq feet) that has 2 - two bedroom apts, 13 bedroom rooming house, a one bedroom apt, coin laundry business and 2 vacant spaces for your business or to make more residential units.
This building is located at 3 Main Street, St. George, NB, Canada E5C 3H9. It is in the best central location of the town with all amenities very nearby.
The only renos possibly required would be in the vacant spaces to accommodate your future plans.
Rooms are always full and usually a wait list. Rooms rented weekly Apartments rented monthly. Laundry has great revenue and unlimited potential for your business or future plans with vacant spaces.
Building is owned no mortgages or liens allowing an easy transaction for an interested buyer. All equipment is included. Would be an easy walk out and you walk in with instant revenue giving you the option of time to develop spaces for future business ideas in the vacant Main street front spaces. Area has housing shortage guaranteeing you to have great occupancy for tennants.
Again, this is a great opportunity for someone looking for immediate revenue and plenty of opportunity to expand in future.
Will look at all offers but keep in mind this is a great revenue property that I enjoy a monthly income from and I believe the offer price is already being very fair. Reason for selling is, this business is on the East Coast and I am located on West Coast with other interests and do not have time to properly devote to this and depend on others to operate for me.
This accommodation caters to working individuals and is a great problem free building with happy tennants.
Seller not interested in owner financing and will be the responsibility of buyer. For more information, viewing, inspecting, etc. Please email with your contact information and I can telephone you to better discuss this property.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2006
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: No time to devote to this business.
Photos
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Click on the "I'm Interested" button above for more information on this Real Estate > Other Real Estate business for sale.
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Print Listing Id: 700116253
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