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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,750,000
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
A perfect property for someone looking to occupy one side and rent out the other side. 2 x 5000 sq feet (10000 sq ft total) building on .77 acres of land. Many renovations done throughout the years including stucco, tin siding, windows, flooring, washrooms etc. Yard is split and fully fenced with secured gate access for each side. Both sides feature mezzanines overlooking the shop area, perfect for extra office/storage. In floor heat throughout the shop. 14x14 doors. Side B has a long term tenant in place. (id:39198)
Location
Province
Saskatchewan
City
Saskatoon
Address
859 60th Street E
Postal Code
S7K5Z7
Location Highlights
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Listed by
Boyes Group Realty Inc. 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
10,000
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
$1,750,000
Asking Price
$1,750,000
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)
10,000
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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