Business For Sale · Retail

Fort Saskatchewan

Fort Saskatchewan, AB T8L0H9

$499,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

94%

Lot Size

0.051500000000000004 ac

About this property

RARE BUSINESS OPPORTUNITY! Fully operational and licensed with affordability grant, daycare with an approved capacity for 52 children, offering a turnkey opportunity for a new owner. Asset sale only, with everything in place to facilitate a smooth transition to new ownership. The established operation is situated in a high-visibility, high-traffic location, providing excellent exposure and accessibility. Currently operating as a non-profit, this opportunity offers strong growth potential for an owner looking to build on an established childcare operation. A rare chance to acquire a fully equipped and operational daycare with licensing and infrastructure already in place. Contact for further details and to arrange a confidential viewing. (id:66811)

Financial sandbox

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Estimate
Purchase price$499K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$-2K

Cash-on-cash

-1.36%

DSCR

0.93

Going-in cap

5.13%

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

124,059

Households

45,577

Median income

$86,000

Median age

44.6

Daytime population

172,311

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for Fort Saskatchewan.

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.