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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,250,000
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 Building on a 1 acre with a solid yard. The building is 8,000 sq. ft. in total split into 4,000 sq. ft. per side so is ready for one or two occupants. The bays have a large walk through area that can be framed in for bay separation. Both sides have drive through bays, an additional overhead door at the back of building, reception area and mezzanine in the shop. There is chain link fencing on the East and South side of building. One of the tenants is moving out, the West side of the building is currently leased. This building is a great opportunity to run your business from one side and have a tenant on the other side to make it cash flow, or take over the entire building to operate your business. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
3809 53rd Avenue
Postal Code
T4L2J6
Location Highlights
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Listed by
Royal LePage Lifestyles 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
8,000
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
$1,250,000
Asking Price
$1,250,000
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)
8,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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