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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,900
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
Opportunity knocks.. Here is your chance to own and operate a fully renovated retail store with office space(s) in the heart of Hardisty sitting on a double lot, currently operating as an antique and collectable store called Old Town Mercantile. The store sells quality antiques, novelty items, sports memorabilia, second hand furniture and much more. Currently, business hours are Friday and Saturday (business + asset purchase for sale separately). Boss Testing is a full-time tenant bringing in additional monthly income. Plumbing and electrical are roughed in for additional office(s) and washrooms. Updated electrical (100 AMP), updated plumbing with additional rough ins, furnace 2018, metal roof. (id:39198)
Location
Province
Alberta
City
Hardisty
Address
5105 50 Street
Postal Code
T0B1V0
Location Highlights
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Listed by
Coldwell Banker Battle River Realty 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
1,219
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
$99,900
Asking Price
$99,900
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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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)
1,219
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
N/A
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