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Suite of tools & services
Benefits
Asking Price
$125,000
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 5.5 acres sitting in the town of Mirror AB. This land is vacant and waiting for you to start your business. This piece is zoned light industrial, so there are endless possibilities with this property, especially while sitting right next to the tracks, and also having highway access from the south. There is power running along the west and south ends of the property, and natural gas just across the road to the west. Town sewer and water is just across the tracks to the east. Mirror has lots to offer, including a library, k-9 school, a skate park, legion, post office, Alberta Treasury Branch, playgrounds, grocery store, diners, gas station, and that's just to name a few . Mirror is just a short 30 minute drive to Lacombe and Stettler, 35 minute drive to ponoka, and under 15 minutes to Bashaw. If you're in the market for some land with a great location to start up, or expand your business, you should definitely check this one out. (id:39198)
Location
Province
Alberta
City
Mirror
Address
N/a 50 Highway
Postal Code
T0B3C0
Location Highlights
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Listed by
RE/MAX 1st Choice 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
$125,000
Asking Price
$125,000
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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