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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$235,000
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
Welcome to the Dinsmore hotel and bar, located just 1.5 hours from Saskatoon and nestled near the renowned Lake Diefenbaker. This well-established business boasts a thriving revenue stream, with sales generated from food, beverage room, and VLTS. It has an off sale liquor permit. With over over 130 seats available, including a beverage room seating 75 and a patio accommodating 30 guests, along with 22 room rentals including 2 suites, this property offers ample opportunities for profit. The living arrangements feature a spacious kitchen and 3 bedrooms, providing comfortable accommodations for the owner. The property also includes a 16x26ft garage / workshop, off-sale amenities, and 4 VLTs, enhancing its appeal as a lucrative investment opportunity. Catering to the hunting and fishing community, the Dinsmore Hotel hosts 80-100 hunters annually, offering accommodations and freezers for game birds. With its prime location and diverse revenue streams, this historical building presents a recipe for success. Seize the opportunity to invest in this flourishing business located near Lake Diefenbaker, railway, and mine facilities, with business reach extending to both Dinsmore and Wiseton populations, farmers, railway and mine workers. Contact us today to arrange a tour of this expansive over 10,000 square foot establishment. (id:39198)
Location
Province
Saskatchewan
City
Dinsmore
Address
200 Main Street
Postal Code
S0L0T0
Location Highlights
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Listed by
Royal LePage Hallmark 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
10,083
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
$235,000
Asking Price
$235,000
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)
10,083
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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