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1168 Smythe Street, Fredericton
For Sale · Hospitality

1168 Smythe Street, Fredericton

1168 Smythe Street, Fredericton

For Sale

Property details

Building area
1,100 sq ft

Description

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!

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Listing courtesy of REMAX East Coast Elite Realty. Data via Fredericton REALTOR® board.

Listing courtesy of REMAX East Coast Elite Realty, Fredericton board. Data provided under the NB REALTOR® RETS agreement.