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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,300,000
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
58.51 acre parcel with Gull Lake frontage currently Zoned AG with Parkland Beach to the north and Birch Bay to the south. 27 Acres of this piece are cultivated. Possibilities are endless here with county approval development ideas include a Wedding Venue, Campground or Residential Development. Directly to the north is the Stoner's Landing public boat launch. Rare opportunity here to own lakefront property on the west side of Gull Lake with Paved Access. (id:39198)
Location
Province
Alberta
City
Lacombe
Address
On Highway 771
Postal Code
T4L1N1
Location Highlights
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Listed by
Century 21 Maximum 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
$1,300,000
Asking Price
$1,300,000
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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