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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$198,000
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
RARE FIND - clean, well built, secure and well maintained 40'x60' shop (zoned Light Industrial) with a great location on over half an acre. 15 minutes from Athabasca in the town of Colinton. 2,400 square feet with 3 bay doors - one 14'x14', two 10'x10'. The concrete slab is reinforced to meet almost any needs. Very well insulated and sealed for great temperature control. 220amp single phase power, infrared heat (with in-floor heat roughed in). Perfect for your business, industrial, or recreational storage needs! (id:39198)
Location
Province
Alberta
City
Colinton
Address
5002 51 Avenue
Postal Code
T0G0R0
Location Highlights
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Listed by
3% REALTY PROGRESS 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
$198,000
Asking Price
$198,000
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)
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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