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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$550,000
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
2.32 Acres of Commercial Land for Sale. This Property backs onto Hardisty Creek and is just off Highway 16 to the South. Currently being the last piece of Commercially Zoned Land heading East out of Hinton this property offers numerous business opportunities to be capitalized on. Zoned C-Hwy there is a variety of permitted and discretional uses the town will allow including Gas Station, eating or drinking establishment, or Drive Thru. A great location with multiple opportunities. (id:39198)
Location
Province
Alberta
City
Hinton
Address
491 Makenny Street
Postal Code
T7V1H3
Location Highlights
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Listed by
RE/MAX 2000 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
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Financial Information
Yearly Rate
$550,000
Asking Price
$550,000
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
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Market Competition
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