Business For Sale · Specialty

5728 104 Street NWEdmonton, AB T6H 2K2, Edmonton

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

Price on request

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

93%

Year Built

1980

Lot Size

1.0050000000000001 ac

About this property

Turnkey Restaurant Business in Prime South Edmonton, is currently FOR SALE with an asking price of $158,000. The asking price primarily reflects the value of the existing furniture, fixtures, equipment, leasehold improvements, and other business assets. Excellent opportunity to own a fully renovated,turnkey restaurant in a highly desirable SouthEdmonton location! Featuring 1248 sq. ft. with seating for around 50 guests, beautifully renovated space offers a fully equipped commercial kitchen, including ventilation system, hood fan, and exhaust system. 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. Strategically located in a busy area surrounded by established residential communities, retail plazas, offices, and other businesses. Convenient access to major South Edmonton amenities and roadways,with lots of free customer parking. Very affordable rent makes this an attractive opportunity for both experienced operators and entrepreneurs looking to establish their own restaurant concept without the high cost of building 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$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

48,356

Households

20,141

Median income

$91,000

Median age

41

Daytime population

66,940

5-yr growth

5.5%

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

Secure deal room

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