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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$305,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
* GREAT INVESTMENT OPPORTUNITY!! * RETAIL BUILDING WITH SINGLE TENANT(PIZZA HUT) * PIZZA HUT IS VERY BUSY! * LOT SIZE 4,026 sqft * BUILDING SIZE 1,248 sqft * BUILDING TOTALLY RENOVATED FOR PIZZA HUT IN 2018 * LEASE EXPIRES IN JULY 2033 + TWO 5 YEAR RENEWAL OPTIONS * BUSINESS IS NOT INCLUDED IN THIS SALE. ONLY LAND AND BUILDING ARE INCLUDED IN THIS SALE * PLEASE ASK LISTING REALTOR FOR LEASE DETAILS (id:39198)
Location
Province
Alberta
City
High Prairie
Address
4929 53 Avenue
Postal Code
T0G1E0
Location Highlights
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Listed by
CIR Realty Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,248
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
$305,000
Asking Price
$305,000
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,248
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
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
