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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$87,500
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
Are you paying big city rates for shop or storage space? Check out this 2 bay storage shop which features small town pricing with convenient trucking access to major hiway routes, all located within 110 km of Edmonton. Cheaper than building!! Located in Innisfree, AB, this 40’x60’ building can accommodate a larger unit - up to 13’6” high on the east bay with a 14’ wide door and the west side has 9’x12’ overhead door. Power and gas are to the property line and the building has Village supplied water and sewer into the building – all utilities have to be developed. (id:39198)
Location
Province
Alberta
City
Innisfree
Address
4904 51 Street
Postal Code
T0B2G0
Location Highlights
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Listed by
RE/MAX PRAIRIE 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
2,400
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
$87,500
Asking Price
$87,500
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)
2,400
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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