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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,550,000
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
Previous occupied by Rona. This prime Building has over 17,334 sq ft and is located on a fully fenced 2.64 Acres (corner lot). This building can be demised into 2 separate spaces; each with a loading dock. Fully paved front parking lot; and compacted crushed gravel yard for the remaining property. Featuring an open show room floor area which allows a variety of prime businesss to operate such as large Box Stores, Retail; and light Industrial companies. The upper Mezzanine has multiple offices, meeting room; staff room and washroom. This is a prime location with the town of Lac La Biche. (id:39198)
Location
Province
Alberta
City
Lac Lae
Address
9804 99 Av
Postal Code
T0A2C0
Location Highlights
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Listed by
RE/MAX Excellence 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
17,334
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
$2,550,000
Asking Price
$2,550,000
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)
17,334
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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