Hotel Restaurants & Lounge For Sale at 306 3 ST in Blue Ridge, Alberta

Financial Information

• • Asking Price : $499,000
  • Gross Revenue- annual Total income received prior to any expenses. :
    $201,000 - $300,000
  • EBITDA
    Earnings Before Interest, Taxes, Depreciation, Amortization.
    : $51,000 - $100,000
  • 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)
    : $51,000 - $100,000
  • Comments :
  • 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. : $12
  • NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses. : $63000

Operational Information

• Number of Employees (non owners) : N/A
  • Full time : N/A
  • Part time : N/A

• Number of Working Owners : 1

• Year Business Established : N/A

• Current Owner - years : 6

• Business Hours :

• Seasonal : No

• FF & E
  Furniture, Fixtures & Equipment that remain with the business.
  : Included

• Inventory Value - approximate
  Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
  : Not Included   |   $10,000

• Franchise : No

Other Information

• Owner willing to Finance : No

• Other Financing Available : No

• Relocatable : No

• Home - Based : No

• Reason for Owner Selling : Retirement

• Absentee Owner : No

• Support and Training : Included

• Growth and Expansion : N/A

• Market Competition : N/A

• Website : N/A

• Listed by : Royal Lepage Summit Realty Alberta listing