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Price on request
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
85%
Lot Size
2.1420073484848485 ac
Exceptional opportunity to acquire a well-established, fully equipped restaurant in Edmontons south side. Home to Bauernschmaus, a longstanding German/Austrian dining establishment with decades of history and a loyal customer following, this 1,862 sq. ft. restaurant features distinctive European-inspired décor, custom finishes, and a warm, authentic atmosphere.The meticulously maintained premises include a spacious dining area, wet bar, commercial kitchen, and multiple storage areas. The extensive equipment package includes a 10-burner commercial stove with dual ovens, exhaust hood, deep fryer, industrial mixer, commercial refrigeration and freezers, dishwasher, stainless-steel equipment, and a comprehensive selection of kitchenware. Dining furniture includes 19 tables and 54 chairs, subject to final inventory verification.Temporarily closed due to the owners personal circumstances, the restaurant presents an opportunity for a new operator to re-establish the existing concept or introduce a new culinary vision, subject to landlord approval. Existing staff have expressed interest in remaining with the business, subject to availability and mutually agreed employment arrangements.**Offered as an asset sale for $300,000**, with the established business name, brand, and goodwill available for separate negotiation. A new lease will be negotiated directly with the landlord for an approved purchaser.An excellent opportunity for an experienced restaurateur or entrepreneur seeking an established restaurant location with substantial equipment, improvements, and infrastructure already in place.**Showings by appointment only. Please do not approach ownership or staff directly.** (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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.
Trade area within 3 miles of the property.
Population
54,982
Households
24,327
Median income
$93,000
Median age
31.4
Daytime population
52,621
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6796-99 St., Edmonton.
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.