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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,000
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
Offering a prime 400 sq ft main floor office space complemented by a reception area and an additional 250 sq ft mezzanine office on the second floor. This property features impressive 16' ceiling heights, expanding to 18' at the center, and is equipped with a 12x12 grade-level overhead door at the front, along with a 14'x14' grade-level overhead door at the rear for superior access and functionality. Recent upgrades include advanced 3-phase power and state-of-the-art LED lighting fixtures. The premises are serviced by an in-floor, high-efficiency boiler heating system installed in December 2018, ensuring optimal comfort and energy savings. Previously utilized for a food processing business specializing in BBQ duck, BBQ pork, etc., the facility includes a 13x16 walk-in cooler, an additional 13x16 walk-in freezer, and a 6.5x10 walk-in freezer, along with a fully functional kitchen. Available for real estate acquisition, the offering is limited to the property, as the business operations are not included. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
625 O Avenue S
Postal Code
S7M2S2
Location Highlights
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Listed by
RE/MAX Saskatoon 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
4,000
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
$849,000
Asking Price
$849,000
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)
4,000
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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