



















1/211168 Smythe Street, Fredericton, NB E3B3H5
$140,000 total
—
Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
89%
Lot Size
0 ac
Opportunity Awaits! Bonnie and Clyde's, located in the busy Smythe Street Plaza in Fredericton, is now for sale! This newly renovated shooter bar and restaurant presents an exciting turnkey opportunity for an ambitious entrepreneur. During its brief operating period of less than six months, the business generated weekly sales ranging from $6,000 to $10,000 while establishing a loyal and growing clientele. These results were achieved despite being unable to serve alcohol due to a licensing issue related to the owner's personal circumstances. With a business model designed around liquor sales, the operation was unable to reach its full potential. That issue has now been resolved, and a liquor licence is expected to be available to a qualified purchaser. Offers may be made conditional upon obtaining a liquor licence prior to closing. The premises have been tastefully renovated, and most equipment is less than six months old, minímizing startup costs and allowing a new owner to hit the ground running. Combine this with a high- visibility location in one of Fredericton's busy commercial areas, and the potential is undeniable! The current owner has decided to pursue other interests and is willing to consider financing a portion of the purchase price for a qualified buyer. An excellent opportunity to build on an established foundation and take this business to the next level! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$646
Projected NOI
$10K
Annual cash flow
$2K
Cash-on-cash
5.08%
DSCR
1.27
Going-in cap
7.06%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
141,025
Households
59,813
Median income
$116,500
Median age
32.4
Daytime population
180,004
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1168 Smythe Street, Fredericton.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.