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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,795,000
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
Excellent Hilltop location on East end of town just a couple of blocks to Highway 43. 13,032 Sf of building space with 7 Bays including a 100 ft wash bay, and two more drive thru's. Two 75 ft Drive thru bays along with a shorter bay. and one single bay with offices. 2076 sf. of office space on two levels including several washrooms and a well upgraded executive office on second floor. Three 5 ton o/h cranes. Good investment as there are 3 different locations in the one building. Ideal for oil patch manufacturing. 16 Ft O/H doors. Excellent investment opportunity as whole shop is leased to two tenants. all agent for financial info. (id:39198)
Location
Province
Alberta
City
Whitecourt
Address
3345 33 Street
Postal Code
T7S0A2
Location Highlights
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Listed by
RE/MAX ADVANTAGE (WHITECOURT) 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
13,032
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
$1,795,000
Asking Price
$1,795,000
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.
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.
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Premises Size (square feet)
13,032
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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