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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$260,000
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
4.34 acres of lovely property close to all amenities at Mulhurst Bay, less than 2 km to Pigeon Lake which boasts a public boat launch, swimming area, community park and local golf course. Some trees have been cleared and a gravel driveway and gravel pad is done, ready for building. Septic holding tank is in (1,250 gallons), drilled well and Under ground Power in the property! , the whole property is fenced, there is a contained outdoor kitchen and bathroom with seasonal running water and sewer and a 2010 RV with a large 22x12 deck ready for use as you prepare to build your dream home. An easy commute to Leduc and the Airport (approximately 35 to 40 minutes) plus close to Thorsby and Pigeon lake Village for other businesses and services (id:39198)
Location
Province
Alberta
City
Wetaskiwin
Address
Glen Haven
Postal Code
T0C2C0
Location Highlights
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Listed by
Exp 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
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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
$260,000
Asking Price
$260,000
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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