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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$8,500,000
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
Ideally situated on Calgary's western edge in Springbank, immediately between Bingham Crossing (Future Costco) and the Edge School, this 13.08 parcel has endless possibilities. This property has nearly 1,150 feet of frontage on Range Road 33 (Calaway Park Road) and 700 feet along Township Road 250. Located just east of Harmony, this property is within 8 minutes of the City of Calgary, less than 25 minutes to the city core, and less than 2 minutes to YBW - Springbank Airport. Current zoning is Public Services District. Inquire for site tour and additional information. (id:39198)
Location
Province
Alberta
City
Rocky View
Address
33019 Township Road 250
Postal Code
T3Z1L4
Location Highlights
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Listed by
eXp Realty 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
0
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
$8,500,000
Asking Price
$8,500,000
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)
0
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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