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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,490,000
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
Moose Jaw Inn located on the corners of highway 2 and highway 1 - PLUS a full Off Sale Liquor Store. A total of 80 rooms, with 50 in the main building, a large pool, hot tub and sauna area, 100+ seating licensed restaurant and two conference rooms with a capacity to hold up to 150 people. Second motel budling directly adjacent to the main building has 30 rooms, three bedroom living quarters with three washrooms and a double heated garage. Significant recent upgrades include full asphalt parking lot and lines, roofing, air conditioning units, boiler systems, motel doors with key card access and windows, LED lighting, furniture throughout & appliances, and much much MORE! These wonderful operators have owned this staple of Moose Jaw for more than 30 years, raised a famiy, maintained the bsuiness very well and have maintained the facility extremely well. (id:39198)
Location
Province
Saskatchewan
City
Moose Jaw
Address
45 Service Road N
Postal Code
S6H4N7
Location Highlights
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Listed by
RE/MAX Bridge City 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
12,100
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
$2,490,000
Asking Price
$2,490,000
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.
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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)
12,100
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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