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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$135,000
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
Scenic vistas of the Islands of Lac La Biche Lake are waiting you! Enjoy any season while fishing, boating, quading, snowshoeing or just laying on the beach. Located just 30 minutes from Lac La Biche on highway 858 on the north end of Lac La Biche. Fort McMurray is just 2 hours away and the subdivision is 1 mile from the Highway 881 turnoff, making Conklin a short Commute. Life is better at the lake! GST is applicable to vacant land (id:39198)
Location
Province
Alberta
City
Lac Lae
Address
10 Lakeview Road
Postal Code
T0A2C1
Location Highlights
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Listed by
RE/MAX LA BICHE 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
0
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
$135,000
Asking Price
$135,000
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.
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)
0
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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