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Hospitality Property For Sale at 11 Main STREET in Leoville, Saskatchewan

4 Sale ID #148226
Updated 03 May 2024

Asking Price

$849,900

Cap Rate help 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

This This Business Opportunity can be yours, and its ready for you to make it your own. This immaculate Motel is located in the community of Leoville. This unit is equipped with 10 rooms, 1 wheel chair accessibility, and 1 laundry and utility room. These rooms are beautifully decorated, and all rooms have all the amenities, coffee pot, utensils, air fryers, dishes and more. (id:39198)

  • MLS® : #SK942450
  • Date Listed : 21 Aug 2023

Location

Province

Saskatchewan

City

Leoville

Address

11 Main Street

Postal Code

S0J1N0

Location Highlights

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Listed by

RE/MAX P.A. Realty Saskatchewan listing

Category

hospitality-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

2,736

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

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

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$849,900

Asking Price

$849,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,736

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


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