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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$139,000
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
Located within the bustling heart of downtown Edmonton, this property enjoys a prime position within a vibrant, high-density residential area, offering exceptional visibility and a steady flow of foot and vehicular traffic. Tailored to suit various ventures including offices, boutique retail, and beauty salons, the space is strategically designed to accommodate diverse business needs. With an emphasis on AFFORDABILITY and convenience, the monthly condo fees are attractively set at a mere $314.35, including ALL utilities and comes with an array of amenities. This commercial condo unit presents an enticing opportunity, particularly appealing to aspiring entrepreneurs seeking to establish their first venture with minimal monthly overheads. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
9919 104 St Nw
Postal Code
T5K0Z2
Location Highlights
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Listed by
MaxWell Polaris 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
274
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
$139,000
Asking Price
$139,000
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)
274
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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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.
