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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,800,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Opportunity abounds with this 39.36 acre parcel on the outskirts of Lethbridge, and bordering the Stewart Siding Industrial park and Highway #4. There is an older 3 bedroom home and small shop, along with a set of corrals, dugouts, and a fully fenced pasture for livestock. Land is currently zoned Urban Fringe. Dream big, and help shape the ever expanding economic landscape of this vibrant region. (id:39198)
Location
Province
Alberta
City
Lethbridge
Address
211b
Postal Code
T1K8H4
Location Highlights
N/A
Listed by
RE/MAX REAL ESTATE - LETHBRIDGE (PICTURE BUTTE) Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$2,800,000
Asking Price
$2,800,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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