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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$795,000
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
Attention Investors!!!! Building ONLY... But Fantastic Return on Investment!! The building has been functioning as a bar/ grill for 25+ years!!! Own a beautiful building in the growing town of Redwater. The building has amazing curb appeal and the perfect location for any business! The location has ample parking and is easy access from any direction you are heading. The building is in great shape and has many upgrades over the years; walk in cooler & walk in freezer 2007, 400 amp service, canopies to the exterior, and a kitchen renovation to make it more functional. The current business has been in business for over 17 years and has a lease until March 20, 2027. (id:39198)
Location
Province
Alberta
City
Redwater
Address
4820 49 Av
Postal Code
T0A1N0
Location Highlights
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Listed by
Royal LePage Noralta Real Estate Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
6,377
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
N/A
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
$795,000
Asking Price
$795,000
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.
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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)
6,377
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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Why this Marketplace was Created
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