Property Details

120 Prince William Street, Saint John, New Brunswick, E2L2B6

120 Prince William Street, Saint John, New Brunswick, E2L2B6 (ID NB077625)
Representative
Bob and Jake McVicar

Sutton Group Aurora Realty Ltd., Brokerage
Cell: 506-654-1007

$59,000 - For sale

ID#:NB077625

This well-established, unique Coffee/Drinks/Art business is a going concern. Established just before the onslaught of Covid, The Art Warehouse has not just survived, but it has flourished and holds a special place in the lives of locals and tourists alike. The sale includes the business name/brand, all equipment/furniture, recipes, art class methods, customer lists, website, social media pages, and a good solid lease with a reputable landlord. Located in the prime block on Prince William, between Princess and Duke, it is surrounded by many other neighborhood iconic establishments. You won't find a better group of neighboring businesses to help you take The Art Warehouse to the next level. Lease, which is now in full force. Rent is presently $2006/month PLUS HST. I think what is important for a buyer to consider, is that in the 2021 operation, the business almost broke even, this with ongoing closures and restrictions. At $59k, the buyer is essentially buying a break-even established business, fully equipped and ready to benefit from the full-time attention of an owner-operator. Business conditions have returned to normal on the street, the cruise ships are back etc. and this opportunity becomes a very nice undertaking. Additional financial available to interested entrepreneurs. This opportunity is best suited for an owner/operator who has a passion for service, art, and food service. Note: The new owner will need to apply for a new NB Liquor license. (id:2471)

Property Details
  • Property Address:120 Prince William Street, Saint John, New Brunswick, E2L2B6
  • Property Type:Other
  • Title:Leasehold
Structure Details for 120 Prince William Street, Saint John, New Brunswick, E2L2B6
  • Heating Type:Electric
  • Rental Equipment:Other
Representative
Bob and Jake McVicar
REALTORS® | Manager
Sutton Group Aurora Realty Ltd., Brokerage
Cell: 506-654-1007
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Listing Office: SUTTON GROUP AURORA REALTY LTD. (S222)

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120 Prince William Street, Saint John, New Brunswick, E2L2B6

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