Business For Sale · Specialty

10828 82 Avenue, edmonton, AB T6E 2B3, Canada, Edmonton

10828 82 Avenue, edmonton, AB T6E 2B3, Canada, Edmonton, AB T6E2B3

Price on request

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Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

98%

Year Built

1954

Lot Size

0 ac

About this property

Turkey restaurant business on Whyte AVE in UofA area is currently FOR SALE with an asking price of $120,000. The asking price primarily reflects the value of the existing furniture, fixtures, equipment, leasehold improvements, and other business assets. Mainly an asset sale. No financial statements or sales information will be provided. The modern interior and functional layout provide an ideal setup for a variety of restaurant concepts. 2840 sqft • Prime Location: High visibility storefront with steady foot traffic day and night • Fully Equipped: Comes with all commercial kitchen equipment, fixtures, and furnishings— ready to operate from day one • Strong Brand & Loyal Customer Base • Turnkey Operation: Ideal for owner-operators or investors. Minimal transition time needed ******Business is operating as usual. ***********Owner does not permit private store visits. Please do not approach employees. ************All inquiries and showings must be arranged through the listing agent.******* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

98,414

Households

37,500

Median income

$104,000

Median age

32.7

Daytime population

149,093

5-yr growth

9.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 10828 82 Avenue, edmonton, AB T6E 2B3, Canada, Edmonton.

NDA required
  • 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.