BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
The perfect investment or property to house your existing business in. At 3867 sq ft and currently 4 units rented in the building with zero vacancy, this building is ready for a new owner. Current Net Income is just under $30,000 making it a 4.44 cap rate. However the rates are extremely low so there is tons of potential to get the rates up to market standards or call it home for your existing business. New roof in 2015, 2 new heat exchangers. Extremely well maintained building. (id:39198)
Location
Province
Alberta
City
Fort Saskatchewan
Address
10309 100 Av
Postal Code
T8L1Y9
Location Highlights
N/A
Listed by
RE/MAX Real Estate Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,867
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$650,000
Asking Price
$650,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,867
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing