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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$150,000
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
Here is your opportunity to own a thriving business located right off of highway 31, in the Town of Macklin. The Bottoms Up Bar and Grill is a full-service Restaurant and Bar, which is also fully licensed to sell OFF-SALE. There is a fully functional kitchen to serve your patrons a variety of tasty menu items. There are 8 VLT’s, a projector and screen, a juke box, and two pool tables on-site. There are also leased arcade games and a vending machines on site. There is a massive dance floor, a sound system, as well as a DJ booth. There are 7 rentable rooms (4 Single & 3 Double), including air conditioning, a fridge, coffee maker, microwave, 4pc bath, and TV. There is also plenty of on-site parking. Don’t miss out on this great opportunity! Give your agent a call today! (id:39198)
Location
Province
Saskatchewan
City
Macklin
Address
5102 46 Street
Postal Code
S0L2C0
Location Highlights
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Listed by
Century 21 Prairie Elite 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
5,307
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
$150,000
Asking Price
$150,000
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)
5,307
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
N/A
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