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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,000
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
Just move in and take over! Owner is looking to retire so the opportunity to be your own boss could be right here. If you are a mechanic and would like to have your your own shop, this business in Berwyn is being offered with all the equipment included. Consisting of a good sized shop, front end area that has room to offer retail, office and parts area as well as a gas bar with above ground fuel tank. Also included with the property are 3 vacant lots which could be fenced for storage, additional parking or many other options. Call today for details. (id:39198)
Location
Province
Alberta
City
Berwyn
Address
5029 51 Street
Postal Code
T0H0E0
Location Highlights
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Listed by
Royal LePage Valley Realty Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
6,674
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
N/A
Financial Information
Yearly Rate
$229,000
Asking Price
$229,000
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)
6,674
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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