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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,299,900
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
ONE OF THE BEST HIGHWAY FRONTAGES + MOST WELL EQUIPPED SHOPS IN THE PEACE COUNTRY! This shop has a massive 29 acre yard and 29,000 sqft shop with amazing visibility directly on Highway 43. The building consists of 5000 +/- sqft of office space and 24,000 +/- shop space set up perfectly for a multitude of different business' - pipeline, fabrication, oilfield, geology, mixed-use, you name it! Office Features 4 large offices, parts/storage room, Mechanic office, parts office, equip room, change room, Lunch room, Bathrooms & a Reception Area with a stunning Glass vestibule. The shop features 3 - 18'x18' O/H doors, 6 - 16x16 O/H doors & a 20 ton O/H crane hoist. If you business does not need the full yard, it has been generating approx $9000 additional a month off western 20 acres. Also features a top-of-the-line WASH BAY! The front parking lot is paved and the 29 acre yard is gravelled & is fully fenced. (id:39198)
Location
Province
Alberta
City
Wembley
Address
11250 97 Street
Postal Code
T0H0H0
Location Highlights
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Listed by
Grassroots Realty Group Ltd. Alberta listing
Category
Property Information
Premise Status
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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
29,000
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
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Financial Information
Yearly Rate
$7,299,900
Asking Price
$7,299,900
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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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.
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Premises Size (square feet)
29,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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