Business For Sale · Specialty

5728 104 Street, Edmonton, AB T6H 2K2, Canada, Edmonton

5728 104 Street, Edmonton, AB T6H 2K2, Canada, Edmonton, AB T6H2K2

$158,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

Year Built

1980

Lot Size

1.0050000000000001 ac

About this property

Turnkey Restaurant Opportunity in Prime SouthEdmonton Location!Excellent opportunity to own a fully renovated,turnkey restaurant in a highly desirable SouthEdmonton location!Featuring 1248 sq. ft. with seating for around 50guests, beautifully renovated space offers a fullyequipped commercial kitchen, including ventilationsystem, hood fan, and exhaust system. The moderninterior and functional layout provide an idealsetup for a variety of restaurant concepts.Strategically located in a busy area surrounded byestablished residential communities, retail plazas,offices, and other businesses. Convenient access tomajor South Edmonton amenities and roadways,with lots of free customer parking.Very affordable rent makes this an attractiveopportunity for both experienced operators andentrepreneurs looking to establish their ownrestaurant concept without the high cost ofbuilding from scratch.******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$158K
Down payment30% · $47K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$730

Projected NOI

$11K

Annual cash flow

$2K

Cash-on-cash

4.64%

DSCR

1.25

Going-in cap

6.93%

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

117,254

Households

42,810

Median income

$99,500

Median age

31.1

Daytime population

171,915

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 5728 104 Street, Edmonton, AB T6H 2K2, 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.