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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$115,000
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
Great location for a future multi-family development on the west end of Tofield, 30 minutes east of Edmonton and Sherwood Park and 45 minutes from the Edmonton International Airport (YEG). Lot size is 1.45 acres. Zoned Medium density residential. Note: GST will be dealt with at the time of offer. Many new homes have built in Ketchamoot Plains. Tofield offers a health centre, medical and dental clinics, schools, and numerous recreational opportunities. Welcome home! (id:39198)
Location
Province
Alberta
City
Tofield
Address
5620 55 Av
Postal Code
T0B4J0
Location Highlights
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Listed by
Home-Time 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
$115,000
Asking Price
$115,000
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
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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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