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Benefits
Asking Price
$3,890,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Kenosee Inn & Cabins: A Lakeside Retreat for Unforgettable Experiences. Nestled amidst the serene beauty of nature, the Kenosee Inn & Cabins is a premier destination that offers an exceptional blend of comfort, breathtaking views, and impeccable hospitality.With a total of 30 well-appointed rooms, the Kenosee Inn ensures that each guest enjoys a restful and rejuvenating stay. All rooms are meticulously designed to provide a captivating view of the lake. The on-site restaurant at Kenosee Inn provides delicious food and convenience for guests stay at the hotel or the cabins. Beyond the main hotel, Kenosee Inn offers 23 charming cabins that provide an lake life escape for those seeking a private getaway. These rentable cabins are thoughtfully designed, allowing guests to immerse themselves in the natural beauty of the surroundings while enjoying modern amenities and conveniences. The Kenosee Inn & Cabins takes pride in providing exceptional venues for both corporate and social gatherings. The convention room, capable of accommodating up to 100 people, offers a versatile space for conferences, seminars, and larger celebrations. Meanwhile, the meeting room, catering to up to 25 attendees, provides an intimate setting for more focused discussions and workshops. With a deep commitment to ensuring the success of every event, the Kenosee Inn offers catering services that elevate any occasion. In summary, Kenosee Inn & Cabins is not just a hotel and restaurant—it is a gateway to a blend of comfort and nature that the Moose Mountain Provincial Park provides. From the scenic lake views in the rooms to the cozy cabins, versatile event spaces, and exceptional restaurant and catering, every element is to help create an unforgettable experience for guests from all walks of life. Whether you're seeking a relaxing escape, planning a corporate event, or celebrating a special moment, Kenosee Inn & Cabins is here to help provide that. To Schedule a viewing contact the listing agent. (id:39198)
Location
Province
Saskatchewan
City
Moose Mountain Provincial Park
Address
100 Kenosee Drive
Postal Code
S0C0R0
Location Highlights
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Listed by
Performance Realty Saskatchewan listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
18,000
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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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
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Financial Information
Yearly Rate
$3,890,000
Asking Price
$3,890,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
18,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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