Business For Sale · Retail

6796-99 St., Edmonton

6796-99 St., Edmonton, AB T6E0P5

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

Lot Size

2.1420073484848485 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 6796-99 St., 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.