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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,950
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
Don't miss this exceptional chance to own a retail condo boasting street exposure in the charming historic district of Inglewood. Currently operating as hair salon, this versatile space offers endless possibilities for concept changes. As the owner-occupant, you'll have the freedom to explore exciting opportunities in this vibrant area, within walking distance to downtown and surrounded by both high-end residences and newer buildings. Street parking is readily available, water is included in the condo fees, and you'll be surrounded by a variety of of shops and amenities. Act now to seize this unique opportunity, as nothing comparable is currently available. Please refrain from approaching the staff. Contact us for a private tour while this opportunity lasts. While the business is not for sale, there is an option to purchase the salon equipment for those interested in continuing a salon concept. (id:39198)
Location
Province
Alberta
City
Calgary
Address
1 1345 9 Avenue Se
Postal Code
T2G0T2
Location Highlights
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Listed by
Century 21 Bravo 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
1,175
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
$649,950
Asking Price
$649,950
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.
N/A
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)
1,175
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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