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39 King Street, Saint John, New Brunswick, E2L 4W3

MLS® # NB102744
Commercial For Sale In Uptown, Saint John, New Brunswick
$229,000
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
39 King Street, Saint John, NB
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ACTIVE
39 King Street, Saint John, New Brunswick, E2L 4W3
$229,000

Property Information:

An exceptional opportunity to acquire two successful Thai Express franchise restaurants in Saint John (the other location under MLS® #:NB 102741). Each location operates independently with separate companies managing the operations, and both are available for individual purchase. Currently the two locations employ approximately six employees, a mix of full-time and part-time staff. The east side location boasts a seating capacity of 48. The franchise terms, initiated in 2018, are structured as 5 + 5 + 5 years and are renewable. Prospective buyers or business partners must be proficient in English and will be required to complete mandatory training provided by Thai Express. Over $400,000 has been invested in extensive renovations to both storefronts, creating modern and appealing dining environments. The current owner is shifting business focus and is offering these thriving locations to the right buyer who can continue to uphold the high standards of service and quality that Thai Express is known for. This is a fantastic chance to step into a turnkey operation with established profitability and a strong customer base. The seller requires NDA signed before releasing the detailed numbers. (id:27)

Building Features:

  • Total Finished Area: 800 sqft
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Other
  • Lot Size: 0.00 Square Feet

Courtesy of: EXIT REALTY SPECIALISTS

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Location of 39 King Street, Saint John, New Brunswick, E2L 4W3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

33 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

33 hot days expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, 39 King Street , experiences 7 hot days per year at around 26.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 29.3 degrees Celsius.

Projected Avg. Temperature

Past
26.1℃
2050
29.3℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

80/100

High

ClimateCheck®

Current data

This property, 39 King Street , experiences 11 significant 2-day storms per year, with about 428.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 554.6mm of precipitation per year.

Precipitation Per Storm

Past
428.8mm
2050
554.6mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 39 King Street, Saint John, New Brunswick, E2L 4W3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$137,890.91

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.08 %

High school certificate or equivalent

29.11 %

Apprenticeship trade certificate/diploma

2.68 %

College/non-university certificate

23.44 %

University certificate (below bachelor)

0.69 %

University Degree

33.0 %

Commuter

Travel To Work

By Car

50.39 %

By Public Transit

4.33 %

By Walking

35.83 %

By Bicycle

0.0 %

By Other Methods

9.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.01 %

Houses

4.99 %

Own Vs. Rent