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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$719,900
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
Whether Buying for Investment or to Open Your Own Business, This is an Ideal Location in the Heart of already Developed Royal Oak. Possibilities for Physiotherapy Clinic, Massage, Optician/Eye Clinic, Pizza, Beauty Shop, Dollar Store, Convenience Store, Grocery Store, Law Office, Accounting Office, Laser Esthetics, Donair Shop, Restaurant, Jewelry, Professional Service, Photographer, Music , Pet Store, Gift Shop, Ice Cream/Frozen Yogurt etc. Call for your Private Booking today, Great opportunity for Entrepreneurs and Investors. Best Retail Rate in the Area!! (id:39198)
Location
Province
Alberta
City
Calgary
Address
248 500 Royal Oak Drive Nw
Postal Code
T3G5T5
Location Highlights
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Listed by
Century 21 Bamber Realty LTD. 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
1,376
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
$719,900
Asking Price
$719,900
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)
1,376
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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