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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,500
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
A beautiful, picturesque community awaits you. This exceptional lot is nestled within the desirable River Ridge Estates, a well-established neighbourhood already home to many wonderful families. Ideally located just five minutes from the Village at Pigeon Lake, offering boating, swimming, and fishing, and only two minutes from the Dorchester Ranch Golf Course. Perfect for those who value an outdoor lifestyle, the area offers endless opportunities for recreation, including quadding, lake activities, and peaceful relaxation. Everyday conveniences are close at hand with boutique shopping, grocery, gas, and restaurants nearby, along with easy access to locally grown produce and artisan goods. All of this is complemented by a setting defined by peace, privacy, and natural tranquility—an ideal place to truly call home. (id:39198)
Location
Province
Alberta
City
Wetaskiwin
Address
River Ridge
Postal Code
T0C2V0
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
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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
$79,500
Asking Price
$79,500
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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