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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
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
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Premise Summary
Great 2.3+/- Acre location for any dealership, between Lethbridge and Calgary has great exposure for your new venture! Built in 1995, the 10,000+ SQ FT building is in great condition, and offers a large show room with sales offices, customer service area and washrooms. Management offices are located on upper floor which includes a board room 3 large private offices and a large accounting office. The parts dept. is large with extra storage on the mezzanine. A large service/shop/storage area is serviced with 3 large insulated with automatic overhead doors, this area offers a coffee room with washroom and tool room. The yard is mostly fenced and paved and offers approx. 130 parking stalls. This is an excellent facility for a dealership, auto, RV, boat or a super office/warehouse/maintenance shop. (id:39198)
Location
Province
Alberta
City
Vulcan
Address
517 Service Rd N
Postal Code
T0L2B0
Location Highlights
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Listed by
Century 21 Foothills Real Estate 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
9,131
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
$899,900
Asking Price
$899,900
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)
9,131
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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