Business For Sale · Retail

St. Albert

St. Albert, AB T8N7X6

$199,999 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

84%

Lot Size

0 ac

About this property

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)

Financial sandbox

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Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for St. Albert.

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.