St. Albert, AB T8N7X6
$199,999 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
84%
Lot Size
0 ac
An exciting opportunity is available for those looking to enter the thriving food industry. A well-established Mediterranean franchise, BASHA DONAIR & SHAWARMA, located in a high-traffic retail plaza in St Albert, is currently for sale. This presents a turnkey opportunity for aspiring entrepreneurs to take over a flourishing business with a strong brand reputation and a loyal customer base. The franchise boasts a prime location in St Albert Plaza right opposite to Costco, ensuring high visibility and accessibility to a diverse clientele. The restaurant is almost 1200+ sq ft fully equipped with a meticulously designed layout and state-of-the-art equipment, allowing for a seamless transition and continued success. With a proven business model, ongoing support from the franchise headquarters, and a competitive lease, the potential for growth and profitability is significant. This is an exceptional opportunity to own and operate a successful business in a prime St Albert location. Interested parties are encouraged to contact their preferred realtor to learn more and take the first step toward fulfilling their entrepreneurial aspirations. (id:66811)
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Monthly debt service
$924
Projected NOI
$9K
Annual cash flow
$-2K
Cash-on-cash
-3.27%
DSCR
0.82
Going-in cap
4.56%
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.
Trade area within 3 miles of the property.
Population
94,562
Households
38,343
Median income
$128,500
Median age
37.1
Daytime population
100,155
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for St. Albert.
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.