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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$319,900
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
Great opportunity for a thriving business directly across the highway from Emma Lake Golf Course! Situated on highway 263 there is an abundance of drive-by traffic. Zoned Residential & Commercial allows the buyer an option to subdivide which would accommodate one or two residential lots behind the commercial building. Perfect for an owner operated business or for investment. Service bays previously used to accommodate a mechanics' service station with in-floor heat, a newer hoist and approx. 12' overhead doors. The log building has a natural gas furnace, 2 piece bathroom, and access to the service bays. (id:39198)
Location
Province
Saskatchewan
City
Emma Lake
Address
1 Lorraine Drive
Postal Code
S0J0N0
Location Highlights
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Listed by
Century 21 Fusion Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
2,587
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
$319,900
Asking Price
$319,900
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)
2,587
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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