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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,000
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 northeast Saskatchewan recreational getaway. Weekes Hotel is a thriving business in rural Saskatchewan. Situated near Greenwater Lake Provincial Park and Hudson Bay: trophy big game & bird hunting, snowmobile trails, and quadding are the hallmark of this thriving business opportunity. The business has a thriving wing night and steak pit for family dining. Additional to the property is a newly upgraded monitored security system, new ATM, 5 VLT’s, above ground premium fuel storage and 9 rooms to rent on 2nd level. Included in the sale is the mobile home on the property for owner / operator living. (id:39198)
Location
Province
Saskatchewan
City
Weekes
Address
9 Main Street
Postal Code
S0E1V0
Location Highlights
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Listed by
Century 21 Proven 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
3,570
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
$149,000
Asking Price
$149,000
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)
3,570
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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