Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Elk Ridge on the Lake is located lakefront in the picturesque townsite of Waskesiu Lake in Prince Albert National Park. The four seasons, turn key business is a pristine lodge featuring 17 fully furnished suites where you can choose a one-, two- or three-bedroom unit. Some of the units have a balcony or deck with and chairs so you can enjoy the beautiful views of Waskesiu Lake. All furniture is new withing the last 2 years. The Lodge and Convention Centre include laundry facilities, a 1200 square foot meeting room equipped with tables, chairs, a fridge and coffee services along with projection screen with WIFI for up to 70 people. Also included is a rare full basement for storage. Minutes away from the Lodge and Convention Centre is The Waskesiu 18-hole Golf course, Waskesiu's main beach, camp kitchens, the historic break water, bears on the beach playground and so much more! There is an opportunity to grow this four-season hotel. (id:39198)
Location
Province
Saskatchewan
City
Waskesiu Lake
Address
827 Lakeview Drive
Postal Code
S0J2Y0
Location Highlights
N/A
Listed by
Boyes Group Realty Inc. Saskatchewan listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
12,060
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$2,999,000
Asking Price
$2,999,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
12,060
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
