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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$185,000
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
Excellent Opportunity! This building has had various businesses including, laundry mat, tanning facilities, video/game rental, graphic design. This is a huge warehouse with 4 closed storage stalls that can be converted into a drive-thru bay if needed. Brand new shingles, new flooring throughout in 2013, freshly painted inside, upgraded lighting & high efficient furnaces! Storage rooms, offices, washrooms, possibilities are endless in this building!! There are two vacant lots on the West side of the building with services to the property line which could be used for expansion. Don't wait, call today to view! (id:39198)
Location
Province
Alberta
City
Falher
Address
020 Central Avenue Ne
Postal Code
T0H1M0
Location Highlights
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Listed by
Sutton Group Grande Prairie Professionals 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
7,686
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
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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
$185,000
Asking Price
$185,000
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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
7,686
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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