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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,000
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
This 7200 sq.ft shop was built in three stages. The original shop and office was 2288 sq.ft built in the 1970's; 1990 addition was 1320 sq.ft; 2012 central addition is 3592 sq.ft, with the addition in 2012 a new roofline was constructed and there is new metal throughout the interior and exterior of the building. Overhead doors in the central bays are 16' and the bays are 70' deep. Tube style radiant heating in the three service bays. Upgraded 200 Amp commercial service. Three piece washroom and coffee bar in lunchroom. Concrete slab in front of bays and office. Main property totals 0.56 acres, with an additional 0.95 acres located at 4913 50 Avenue. (id:39198)
Location
Province
Alberta
City
Cynthia
Address
5005 49 A St
Postal Code
T0E0K0
Location Highlights
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Listed by
Century 21 Hi-Point Realty Ltd 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
7,200
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
$449,000
Asking Price
$449,000
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)
7,200
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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