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Suite of tools & services
Benefits
Asking Price
$650,000
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
Great investment potential! Great Highway Frontage with 56 Acres! This 7200 sq.ft shop has 2 16x20 doors and a 24x20 scissor door in the rear. Middle of the shop has a partition with another 16x20 door, front shop space has a concrete floor and the rear does not. Both sides heated with natural gas radiant tube heaters, upgraded 3 phase power, filtration system for sandblasting in the back bay as well. In addition, the property also has a 2500 sq.ft relocatable office complex with offices and bunk rooms, meeting room and 2 bathrooms (This building previously had a leak that was not repaired and will need significant repairs completed). There are other outbuildings that may be of use as well, a large shed, seacan shelter, fabric quonset and an older 2-bedroom mobile home. Property sold as is where is without warranty or representation. (id:39198)
Location
Province
Alberta
City
Bonnyville M.d.
Address
61529 Range Road 443
Postal Code
T9N1J6
Location Highlights
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Listed by
RE/MAX Bonnyville 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
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
$650,000
Asking Price
$650,000
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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