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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Are you looking for a place with great potential to run a business out in Lomond? We have a shop for you on a 50' x 120' sized lot with parking that is perfect for a mechanic or welder or even a storage facility. The building has been updated with new 14' x 14' garage doors that allow in a ton of light. There are also 2 additional garage doors measuing 10' x 10'. It includes an attached heated office with plumbing to the property that hasn't been used. This 40' x 80' steel structure has its own heater along with an insulated concrete floor and also includes 2 fans. If you're looking for a new adventure, give your realtor a call. (id:39198)
Location
Province
Alberta
City
Lomond
Address
100 Railway Avenue N
Postal Code
T0L1G0
Location Highlights
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Listed by
RE/MAX REAL ESTATE - LETHBRIDGE Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
3,200
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$149,900
Asking Price
$149,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,200
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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