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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,999,000
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 property is centrally located next to the Canmore Rec Centre and Canmore Golf & Curling Club and it gets ample exposer to both foot and car traffic because it is located on the corn of Industrial Place and 8th Ave. The land foot print is 3/4 acres and there is a steel frame building that has a foot print of 6000SF with mezzanine space. Zoning by the Town of Canmore for this property is the Transition Industrial District ( TDI ) meaning that there are multiple avenues for future development. Vendor lease back is an option for this sale. (id:39198)
Location
Province
Alberta
City
Canmore
Address
8 Industrial Place
Postal Code
T1W1Y1
Location Highlights
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Listed by
ROYAL LEPAGE SOLUTIONS 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
7,000
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
$4,999,000
Asking Price
$4,999,000
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)
7,000
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
N/A
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