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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$389,000
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
Fully fixtured premises ideally built out for massage therapy clinic or spa. Located across the street from the Brewery District. Numerous nearby amenities including Loblaws City Market, GoodLife Fitness, coffee shops & restaurants. Property includes two secure underground parking stalls. Free street parking in front of premises and on-site visitor parking for customers. Situated in Westmount and adjacent to Oliver, the most densely populated communities in Edmonton. Massage tables & other equipment available for purchase separately. Condo fees: $620.86 per month. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
#113 10411 122 St Nw
Postal Code
T5N1M1
Location Highlights
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Listed by
NAI Commercial Real Estate Inc 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
1,113
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
$389,000
Asking Price
$389,000
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)
1,113
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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