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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$74,000
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
What a beautiful spot to build your dream home in Westlock County's upscale architecturally controlled sub-division from .14 acres to 1 acre in size that have municipal water, underground power, gas and telephone to each lot. These lots have aircraft access to Westlock Airport and it's an easy commute to Edmonton (35 minutes to St. Albert) or points north . Adjacent to Rainbow Park just 4 1/2 miles from town. Large ponds with wildlife (largest is 1800 ft long for kayak/canoeing), 1000 lovely, planted trees (2014) including Lilac, Golden Willow, Red Osier Dogwood & Laurel Leaf Willows surround the sub-division and embrace the entryway. Westlock is a full service community with modern hospital, public & private schools, shopping & recreational facilities, 18 hole golf and 15 minutes to Tawatinaw Ski hill with downhill, snowboard, tubing & cross-country skiing. Country living at it's finest. GST may apply. (id:39198)
Location
Province
Alberta
City
Westlock
Address
Rr 255
Postal Code
T7P2P4
Location Highlights
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Listed by
RE/MAX Results 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
$74,000
Asking Price
$74,000
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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