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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,900,000
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
N/A
Building Size
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Premise Summary
20 Acres. Although slated for low density residential per the Uplands Neighborhood Structure Plan, the City of Edmonton might also approve a medium density stand-alone multi-site or commercial site to promote the Citys vision of higher density; Located in the Uplands Neighborhood Structure Plan in Riverview - to View; Ongoing development nearly next door with services to run in front of Property along 199 Street; One minute drive from Qualicos upcoming prestigious shopping centre to the south. Minutes away from fun things like: the Edmonton Corn Maze, Petroleum Golf & Country Club, the Devonian Botanical Gardens, Clifford E. Lee. Nature Sanctuary and the Bunchberry Meadows Conservation; Existing home which can be rented; Three minutes to Edmontons Anthony Henday ring road; Across the street from the Wedgewood Creek Ravine, Legal Address: Block B, Plan 5476NY; Zoning: (AG) Agricultural Zone. Selling land value only. Buyer's to confirm information during their due diligence. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
3211 199 St Nw
Postal Code
T6M2N6
Location Highlights
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Listed by
RE/MAX Excellence 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
$7,900,000
Asking Price
$7,900,000
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
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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