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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,300,000
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 shop with HIGHWAY 2 exposure located on 2+ acres! The shop is 9600 sq ft on the main level with an additional 4000sqf upstairs. Main level has two 80' shop bays with 14'X16' doors, a service area with 2 vehicle bays with 12X12' doors, a 5 ton crane and a bright and open office/reception/show room area. This shop would meet a variety of needs including a dealership, small/large equipment, smaller trucks and could work for semi trucks in the right situation. The property is equipped with in floor heating throughout the building, an air exchanger, is plumbed for an air compressor and has a wash bay with a pressure washer. This property is also for rent at $19741.34 plus GST (this includes CAM) MLS# A2072661 (id:39198)
Location
Province
Alberta
City
Clairmont
Address
8704 99 Street
Postal Code
T0H0W0
Location Highlights
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Listed by
Grassroots Realty Group 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
13,600
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
$2,300,000
Asking Price
$2,300,000
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)
13,600
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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