Morinville
Morinville, AB T8R1P9
$340,000 total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
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Occupancy
95%
Lot Size
0.18935901285583104 ac
About this property
Well-established and highly successful restaurant business for sale. Operating for many years with a strong reputation, loyal customer base, and consistent sales. This very busy restaurant features easy day-to-day operations, efficient systems, and excellent hours that offer a great work-life balance for an owner-operator or investor. Located in a high-traffic area with strong repeat business and steady customer demand. Turnkey opportunity with trained staff, established clientele, and proven profitability. Perfect for entrepreneurs looking to step into a thriving business with a long track record of success. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$26K
Annual cash flow
$7K
Cash-on-cash
6.59%
DSCR
1.36
Going-in cap
7.52%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
44,460
Households
16,907
Median income
$78,500
Median age
40.2
Daytime population
47,880
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Morinville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.