222 Baseline Rd, Sherwood Park, AB T8H 1S8, Canada, Sherwood Park
Business For Sale · Specialty

222 Baseline Rd, Sherwood Park, AB T8H 1S8, Canada, Sherwood Park

222 Baseline Rd, Sherwood Park, AB T8H 1S8, Canada, Sherwood Park, AB T8H1S8

Price on request

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

21 ac

About this property

Existing franchise bubble tea business in Sherwood Park is currently FOR SALE with an asking price of $149,000, negotiable. The asking price primarily reflects the value of the existing furniture, fixtures, equipment, 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 any 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.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

77,309

Households

30,638

Median income

$138,000

Median age

39

Daytime population

90,155

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 222 Baseline Rd, Sherwood Park, AB T8H 1S8, Canada, Sherwood Park.

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.