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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,200,000
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
Located in Provost. this exceptional 16,000 sq ft building, situated on 2 acres, constructed in 2014, is a prime opportunity for businesses seeking versatile and expansive space. With a 1,096 sq ft mezzanine featuring office space, this property caters to a variety of commercial needs. The 16,000 sq ft main area provides ample room for operations, ensuring your business has the space it needs to thrive. The building boasts high ceilings, allowing for flexible use of the space. Includes a wash bay, adding to the layout's versatility and suitability for various business types. The 1,096 sq ft mezzanine offers dedicated office space, perfect for administrative functions or as a management hub. (id:39198)
Location
Province
Alberta
City
Provost
Address
3704 53 Avenue
Postal Code
T0B3S0
Location Highlights
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Listed by
CENTURY 21 CONNECT 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
16,000
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
$2,200,000
Asking Price
$2,200,000
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)
16,000
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
