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Complete NDA for Full Overview

Price: $1,050,000

Annual Revenue: $777,772

Minimum Equity Required: $420,000

SDE: $245,000

Location: New Brunswick

ID: 13501

Status: New

Description

Situated in a bustling neighborhood with high foot traffic, this business comprises of convenience store, bakery, bar with VLT, and 4 rental apartment units. The business has demonstrated consistent profitability, with strong revenue and healthy profit margins.

This is an exceptional opportunity to acquire a well-established brew and convenience store with a loyal customer base, prime location, and solid financial performance. Whether you are an experienced business owner in the retail industry or an entrepreneur looking to enter this thriving market, this business offers both stability and growth potential.

Don't miss out on the chance to own a successful business. Contact us today to learn more about this remarkable opportunity, schedule a private showing, and take the first step toward a rewarding and profitable business venture.

The sale is structured as an Asset sale. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most of your questions.

Financial Information

Annual Revenue and Seller's Discretionary Earnings:
2022
Revenue: $760,000
SDE: $240,000

2021
Revenue: $725,000
SDE: $205,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
 
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The real estate is included in the listing price. The convenience store, bakery, bar with VLT are situated at the ground floor of the building while there are 2 rental apartment units at the second floor. In addition to that, there are 2 rental apartment units in a separate building, also included in the listing price.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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