Restaurant for Sale at 414 Carmichael LN in Hinton Alberta - E4392785. (2024)

Asking Price

$2,100,000

Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

N/A

Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

N/A

Premises Size (square feet)

4,000

Monthly Rent/Sq.Ft.

N/A

Go to Maps

• High exposure restaurant serving pizza, Italian and Greek dishes. Building is 4,000 sqft with beautiful stone exterior with large windows. Lot size is 0.77 acres and there is an option to buy adjacent land also owned by the owner. Large paved parking lot and covered outdoor patio. This location has a daily car count of over 10,000 cars per day. Please do not approach the business directly. (id:39198)

• MLS®:#E4392785
• Date Listed:14 Jun 2024

Financial Information

• • Asking Price:$2,100,000
  • Gross Revenue- annual Total income received prior to any expenses. :N/A
  • EBITDA

    Earnings Before Interest, Taxes, Depreciation, Amortization.

    :N/A
  • Cash Flow - annual

    1 Take your “Net Income before Taxes”, then,
    2 Add up all payments to: owners + interest + allowances for asset depreciation.
    3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

    :N/A
  • Comments:N/A
  • Cap RateThe capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.:N/A
  • NOINet Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.:N/A

Property Information

• Premise Status:N/A
• With Accommodation:N/A
• Lease Terms
  • Monthly Rent/Sq.Ft.:N/A
  • Terms
    • Years remaining (current term):N/A
    • Number of Renewals:N/A
  • Security Deposit:N/A
  • Comments:N/A

• Location
  • Province:Alberta
  • City: Hinton
  • Local Area: N/A
  • Address: 414 Carmichael Ln
  • Postal Code: T7V1T4
  • Location Highlights: N/A

• Facility size (square feet):4,000

• Seating (# of seats)
  • Total:N/A
  • Indoor:N/A
  • Outdoor/ Patio/s:N/A

• Parking
  • Access to nearby stalls or on-street parking:Yes

• Premise Highlights:N/A

• Tenancy:N/A

• Lot Size:N/A

• Available Space:N/A

• Building Size:4,000

• Year Built:N/A

Operational Information

• Type of Liquor License:No

• Number of Employees (non owners):N/A
  • Full time:N/A
  • Part time : N/A

• Number of Working Owners:N/A

• Year Business Established:N/A

• Current Owner - years:N/A

• Business Hours:N/A

• Seasonal:N/A

• FF & E

  Furniture, Fixtures & Equipment that remain with the business.

  :Not Included

• Inventory Value - approximate

  Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

  :Not Included

• Franchise:N/A

Other Information

• Owner willing to Finance:N/A

• Other Financing Available:No

• Reason for Owner Selling:N/A

• Absentee Owner:N/A

• Support and Training:Not Included

• Growth and Expansion:N/A

• Market Competition:N/A

• Website:N/A

• Listed by : RE/MAX Excellence Alberta listing

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