BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$40,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Opportunity to own your own business in the village of Medstead. This property was the local bar, with the upper level having potential of 13 rental rooms, 7 have been used in the past when the bar was open. Ceiling on second level requires repair, there is 1 ½ bath as well as a 3pc bath on second level. Main floor hosts living quarters with a bachelor suite attached the bar. Heating 250.00/month. Power 381/month. This business has been out of operation for 2 years, and for sale is the building and lot only. Call today for more information. (id:39198)
Location
Province
Saskatchewan
City
Medstead
Address
102 1st Avenue
Postal Code
S0M1W0
Location Highlights
N/A
Listed by
RE/MAX North Country Saskatchewan listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
4,750
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
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
Financial Information
Yearly Rate
$40,000
Asking Price
$40,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
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
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
4,750
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing