Business For Sale · Retail

4932 51 Ave, Tofield

4932 51 Ave, Tofield, AB T0B4J0

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

91%

Year Built

1987

Lot Size

0.16069999999999998 ac

About this property

Tofield Pizza & Donair (Business Sale Only) – an established business with approximately 28 years of history in Tofield, roughly 30 minutes from Edmonton’s eastern outskirts. Well suited to a hands-on owner-operator or family seeking affordable overhead and room to grow. Currently run under absentee ownership, with seller-reported monthly revenue of $15,000–$18,000. The premises offer 2,400+ sq ft with substantial under-utilized space. A new 10-year lease is in place with no rent escalation; rent is approximately $2,000/month and utilities approximately $700/month. No menu restrictions, so a new owner can introduce new food concepts, expand the menu or develop catering. Potential to add alcohol service or complementary products and services, subject to licensing, zoning and landlord approval. Seller financing is available up to 50% for qualified buyers only. Business sale only; real estate is not included. All financial figures and lease details are provided by the seller and must be verified by the buyer. Travel times vary by starting point. Please do not approach staff. All showings must be coordinated through the listing REALTOR®. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

57,905

Households

21,382

Median income

$128,000

Median age

34.7

Daytime population

81,322

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 4932 51 Ave, Tofield.

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.