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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$889,135
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
Take a look at this 136.94 acres south east of Milo. Both parcels are irregular shaped as they border the east side of Lake McGregor. Land is currently agricultural in cultivated acres. Two partial quarters have natural subdivisions due to the old railroad passing through the property many years ago. Subdivision would need County approval. The Vulcan County land use designation is Reservoir Vicinity as it borders the lake. Many opportunities with this property! The blue sky is the limit!!!! (id:39198)
Location
Province
Alberta
City
Vulcan
Address
Twp Rd 180 & Rge Rd 214
Postal Code
T0L1L0
Location Highlights
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Listed by
Century 21 Foothills Real Estate 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
$889,135
Asking Price
$889,135
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)
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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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