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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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
Willowbend Hotel, this turnkey Hotel situated in the bustling town of Maple Creek Saskatchewan. Just a short drive to the Cypress Hills Provincial Park, one of the busiest Provincial Parks in Saskatchewan. This Hotel has 30 rooms, 16 Singles and 14 doubles each room comes equipped with Mini fridge, microwave and coffee pot. Willowbend Hotel has had extensive renovations in the last few years. In 2017 all new flooring, beds & frames, linens, nightstands, lamps and chairs. Also in 2017 the Managers 2 bedroom suite was completely renovated. In 2018, new metal Pitched roof and eaves troughs. In 2020 all new custom built bathroom vanities with sinks and faucets. In 2021 all new split unit air conditioners. Willowbend Hotel is centrally located close to shopping and restaurants. Buyers package available to qualified buyer only. Call listing agent for more information and to book a showing. (id:39198)
Location
Province
Saskatchewan
City
Maple Creek
Address
108 Maple Street
Postal Code
S0N1N0
Location Highlights
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Listed by
RE/MAX Saskatoon 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
7,200
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
$1,200,000
Asking Price
$1,200,000
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)
7,200
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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