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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$385,900
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
N/A
Premise Summary
Spirit River Towing building, business, winch truck, 24-foot deck truck and more plus related services. Ideal location for this business, being an hour north of Grande Prairie so the local aspect is invaluable while still being close enough to that major centre. Streams of varying income are a necessity and this opportunity raises the bar with several. For the RCMP: DUI pickups, large fenced compound with continual video security for impound usage plus stolen property storage. AMVIC parts sales, high local business visibility by way of battery, precious metals, parts recycling. Stockpile of vehicles for crusher. Moving sea-cans, sheds. Your Harley can be stored inside a large heated space. Additional traffic control for motor vehicle collisions. Towing for the Bailiff. Vehicle unlocks and equipment for locks, rekeying, cutting keys. Hotshots, recoveries, equipment moving. Extrication demo vehicles for fire department. Fuel deliveries and tire changes. Get the idea about multiple revenue streams? Two large service bays, heated storage area for motorcycles, clean and spacious office areas, bathroom all in a fenced compound in Spirit River. (id:39198)
Location
Province
Alberta
City
Spirit River
Address
5031 47 Avenue
Postal Code
T0H3G0
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
N/A
Financial Information
Yearly Rate
$385,900
Asking Price
$385,900
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.
N/A
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
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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