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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,700,000
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 is a Civil Enforcement Sale. As noted by the plot plan the site consists of rectangular shaped corner parcel with 264 ft. frontage along Box Springs Way NW and a depth of 764 ft for a total of 10.01 m/l acres. Full municipal services are available at the property line (natural gas, electricity, water, sanitary sewer and telephone). This property has good exposure from both Box Springs Way NW and Box Springs Street NW. Both of these streets are paved and handle two way traffic and both offer access to the property. This property is sold as is/where is. (id:39198)
Location
Province
Alberta
City
Medicine Hat
Address
3002 Box Springs Way Nw
Postal Code
T0M0M0
Location Highlights
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Listed by
RE/MAX Realty Professionals 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
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Financial Information
Yearly Rate
$2,700,000
Asking Price
$2,700,000
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)
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
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