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Business For Sale · Hospitality

13712 40 Street NW,, Edmonton

13712 40 Street NW,, Edmonton, AB T5Y3B5

$580,000 total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

88%

Lot Size

7.6851000321395775 ac

About this property

(Business Sale Only) Rare opportunity to acquire an operating location of one of Alberta’s best-known South Indian restaurant brands — 5 locations across Alberta, with a culinary heritage tracing back decades to Calicut, Kerala. 5,270 SF fully built-out, licensed full-service restaurant with patio rights in a high-traffic SmartCentres power centre at 40 St NW & 137 Ave.• Strong dine-in, catering & delivery mix• ~$690K in leasehold improvements, kitchen equipment & FF&E included• Liquor license; extensive 200+ item proven menu• Established team and systems — true turnkey• Ideal for experienced operators, family owner-operators, or newcomer entrepreneursFinancials, lease details & equipment list to qualified buyers upon NDA. Business asset sale; premises held under lease — transfer subject to landlord consent. Please direct all inquiries to the listing agent; do not approach staff.Seller is open to partial seller financing for qualified buyers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$580K
Down payment30% · $174K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$32K

Annual cash flow

$184

Cash-on-cash

0.11%

DSCR

1.01

Going-in cap

5.57%

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

74,779

Households

31,639

Median income

$128,000

Median age

34.5

Daytime population

72,796

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 13712 40 Street NW,, 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.