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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$75,000
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
Your business opportunity starts here! This 5638 sq/ft building on Main Street in Zenon Park, comes with a complete commercially equipped restaurant, bar, as well as rooms to rent out upstairs. The owner or manager can also live on site in the large living quarters. Recent upgrades include windows upstairs, a patio, a new prep area in the restaurant (spring 2019), two new gas furnaces (2011) and a new roof membrane in 2015. Come take a look! (id:39198)
Location
Province
Saskatchewan
City
Zenon Park
Address
700 Main Street
Postal Code
S0E1W0
Location Highlights
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Listed by
Royal LePage Renaud 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
5,638
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
$75,000
Asking Price
$75,000
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)
5,638
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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