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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$479,888
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
N/A
Building Size
N/A
Premise Summary
THE CALGARY ECONOMY MARKET IS BACK TO NORMAL, MORE ACTIVITIES ARE ON THE RIGHT WAY FOR INVESTORS TO INVEST. OIL AND GAS ARE BOOMING FOR THE NEXT 5 YEARS...THIS IS A GOLDEN OPPORTUNITY FOR NEW INVESTORS, AND NEWCOMERS TO BUILD UP BUSINESSES AND INVESTMENTS. This 291 SQ.FT COMMERCIAL RETAIL LOCATED IN THE BEST SPOT IN THE NEW HORIZON SHOPPING MALL. CURRENT RENTED FOR A TENANT. NEW OWNERS MAY ASSUME THE CURRENT TENANT OR TAKE IT OVER FOR THEIR OWN BUSINESS PLAN. CONDO FEE $475/MTHTHIS PROPERTY IS FOR SALE AT THE LOWEST COST COMPARED WITH OTHERS AROUND IN THE MALL. ARRANGE THE APPOINTMENT TODAY FOR A PRIVATE VIEWING. (id:39198)
Location
Province
Alberta
City
Balzac
Address
E21 260300 Writing Creek Crescent
Postal Code
T4A0X8
Location Highlights
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Listed by
FIRST PLACE REALTY Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
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Building Size
291
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
N/A
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
N/A
Financial Information
Yearly Rate
$479,888
Asking Price
$479,888
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.
N/A
Premises Size (square feet)
291
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.
