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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
Click brochure link for more information** Owner User opportunity in Edmonton’s booming ‘West Village’. ‘West Village’ in Oliver is attracting hundreds of millions in investment from groups such as One Properties, Cidex, Autograph, Leston, and more. This is your opportunity to invest alongside them. This 1,109 SF space is a turn key spa fixtured with high end finishes at the base of Pearl Tower. This unit is located in one of Edmonton’s most densely populated neighbourhoods (Oliver) and offers direct visibility to Jasper Avenue. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
11961 Jasper Avenue
Postal Code
T5K0P1
Location Highlights
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Listed by
Honestdoor 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
1,109
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
$499,000
Asking Price
$499,000
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)
1,109
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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