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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$224,999
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
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Building Size
N/A
Premise Summary
Take advantage of the hard work the current owners have done with running this business and buy it knowing that it is well established and sales have grown over the past years. As the only liquor store in the Town of McLennan, you have a captive market with broad reach to the local surrounding area. The building itself is neat and tidy and has been very well maintained. Located on a corner lot on the main street, you have good visibility of the store from the main highway through town. Here is an unique opportunity to own your own business and reap the rewards of your hard work. Take the time to take a closer look and make the call today! (id:39198)
Location
Province
Alberta
City
Mclennan
Address
114 Centre Street
Postal Code
T0H2L0
Location Highlights
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Listed by
Re/max Northern Realty Alberta listing
Category
Property Information
Premise Status
LEASED Premises
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,050
Year Built
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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
$224,999
Asking Price
$224,999
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)
2,050
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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