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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,700,000
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
Here is a chance to own 156.52 acres on highway 2 and highway 53 giving it maximum exposure right off the cloverleaf overpass. Currently used as farmland this piece of property is annexed in to the Town of Ponoka for future commercial development. Location and visibility make this an excellent parcel to invest in for a future business in the heart of Central Alberta. This property is located less than an hour to Edmonton International Airport, 30 mins to Red Deer and only 1.3 miles to Ponoka. Close to all the amenities and Central Alberta's workforce this property is very attractive for future development. (id:39198)
Location
Province
Alberta
City
Ponoka
Address
Highway 53
Postal Code
T4J1R2
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
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
$5,700,000
Asking Price
$5,700,000
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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