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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$875,000
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
Great Commercial Opportunity!! Multi-business building, endless possibilities for this custom built building boasts just over 9000 square feet! Sublet to other businesses, lots of storage, studios/rooms, bathroom/locker room areas, sitting area & offices. 2 Furnaces, in floor heat & air conditioning on the upper level. East studio was an addition that was built on approx. 6 years after the main building. The East wall has a pre-framed in option for an 18' overhead door if needed. Stucco building, full metal roof, insulated all around the foundation. Huge parking lot can accommodate approximately 32 cars. (id:39198)
Location
Province
Alberta
City
Sylvan Lake
Address
31 Cuendet Industrial Way
Postal Code
T4S2J8
Location Highlights
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Listed by
Royal Lepage Network Realty Corp. 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
9,014
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
$875,000
Asking Price
$875,000
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)
9,014
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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