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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,900,000
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
Solid Industrial building in Brier Park, Medicine Hat. This facility has over 22,000 sq ft on the main floor and 3700 sq ft of mezzanine/second floor office space. Previously occupied by a machine shop, this building has 600 amp power, 3-5 tonne rail cranes, 1- 3 tonne rail crane and a couple jib cranes. The original building is block construction with office development in the front and shop with staff washrooms, staff room and second floor office space. The addition has approximately 3600 sq ft of shop space that is air conditioned. The yard is back is fully fenced and paved. The roof on the main building was just replaced with a rubber membrane this year. (id:39198)
Location
Province
Alberta
City
Medicine Hat
Address
1954 10 Avenue Nw
Postal Code
T1A7J5
Location Highlights
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Listed by
RE/MAX MEDALTA REAL ESTATE 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
25,868
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
$1,900,000
Asking Price
$1,900,000
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)
25,868
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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