Edmonton
Edmonton, AB T6V1K4
$189,000 total
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
99%
Year Built
1996
Lot Size
0 ac
About this property
Existing franchise bubble tea business in North Edmonton is currently FOR SALE with an asking price of $189,000, negotiable. The asking price primarily reflects the value of the existing furniture, fixtures, equipment, claw machines, leasehold improvements, and other business assets. The premises have been recently renovated and are in excellent condition. Mainly an asset sale. No financial statements or sales information will be provided. Buyer may continue the existing franchise or operate a different business, subject to Landlord approval and applicable requirements. Free training will be provided by the seller if continuing the existing business.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.
Monthly debt service
$873
Projected NOI
$10K
Annual cash flow
$-169
Cash-on-cash
-0.30%
DSCR
0.98
Going-in cap
5.45%
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
46,549
Households
20,652
Median income
$129,500
Median age
34
Daytime population
78,517
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 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.