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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,999
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
Anchored by a busy existing operational business on its west side, this 2.99 acre industrial commercial vacant lot is located in the Village of Rycroft, Alberta, at the northeast corner of Crossroads Industrial Park. Water, gas, power are available and a septic system could be installed if necessary. Several lots to choose from so drive by this spot and view the other lots too. Rycroft is strategically located for business endeavours. Five minutes east of the City of Spirit River (hospital, school) and one hour north of the growing hub of northern Alberta, Grande Prairie. Access to British Columbia opportunities too, with Dawson Creek one hour to the west. Bustling town of Peace River 125km to the north and Eaglesham, Falher, Girouxville, McLennan communities only 45 minutes to an hour east. Growing our communities happens when business takes root and with Rycroft having an industrial park in place, it affords you the opportunity to realize your business dream. (id:39198)
Location
Province
Alberta
City
Rycroft
Address
4008 50 Avenue
Postal Code
T0H3A0
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
$79,999
Asking Price
$79,999
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
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Market Competition
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