E, 303 Southridge Drive SE, Medicine HatE, 303 Southridge Drive SE, Medicine Hat — photo 2E, 303 Southridge Drive SE, Medicine Hat — photo 3E, 303 Southridge Drive SE, Medicine Hat — photo 4E, 303 Southridge Drive SE, Medicine Hat — photo 5E, 303 Southridge Drive SE, Medicine Hat — photo 6E, 303 Southridge Drive SE, Medicine Hat — photo 7E, 303 Southridge Drive SE, Medicine Hat — photo 8E, 303 Southridge Drive SE, Medicine Hat — photo 9E, 303 Southridge Drive SE, Medicine Hat — photo 10E, 303 Southridge Drive SE, Medicine Hat — photo 11E, 303 Southridge Drive SE, Medicine Hat — photo 12E, 303 Southridge Drive SE, Medicine Hat — photo 13E, 303 Southridge Drive SE, Medicine Hat — photo 14E, 303 Southridge Drive SE, Medicine Hat — photo 15E, 303 Southridge Drive SE, Medicine Hat — photo 16E, 303 Southridge Drive SE, Medicine Hat — photo 17E, 303 Southridge Drive SE, Medicine Hat — photo 18E, 303 Southridge Drive SE, Medicine Hat — photo 19E, 303 Southridge Drive SE, Medicine Hat — photo 20
1/20
Business For Sale · Specialty

E, 303 Southridge Drive SE, Medicine Hat

E, 303 Southridge Drive SE, Medicine Hat, AB T1B3S1

$102,000 total

1,000 SF

Asset Class

Specialty

Size

1,000 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$102

Occupancy

99%

Year Built

1985

About this property

TURN KEY BUSINESS OPPORTUNITY! Ever dream of being your own boss? This well established pizza operation has been open for 22 consecutive years serving the bustling south side of Medicine Hat. Strategically located in a thriving business plaza next to other established businesses including a Pub , a busy Convenience Store, a liquor store, and more ! Also close to multiple schools. There is the potential here to significantly expand. The sale includes all equipment , recipes , an established clientele, and a proven track record! This efficient operation provides an opportunity for someone to enter into the food service business , or for an experienced restauranteur to expand existing operations. Explore your entrepreneurial potential and make the move to Ownership ! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$102K
Down payment30% · $31K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$471

Projected NOI

$8K

Annual cash flow

$2K

Cash-on-cash

7.66%

DSCR

1.41

Going-in cap

7.84%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners546 SF2029-09
Halcyon Wealth Partners445 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

61,794

Households

25,154

Median income

$134,000

Median age

39.5

Daytime population

94,183

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for E, 303 Southridge Drive SE, Medicine Hat.

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.