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Benefits
Asking Price
$169,900
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 in the RM of Corman Park. This block building is located minutes from the new Costco with Asphalt to the property. Zoned Ag with a discretionary use in place for food production and the building is an approved food production facility with the Government of Saskatchewan. Commercial kitchen with 480 volt power stepped down to 240 volt, gas range run by propane and a huge walk in freezer with cooler space. Formerly operated as an Abattoir, this property has many uses and the location is incredible. Call today for all the details. (id:39198)
Location
Province
Saskatchewan
City
Corman Park.
Address
Clavet Food Services Facility
Postal Code
S0K0Y0
Location Highlights
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Listed by
Royal LePage Saskatoon Real Estate 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
900
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
$169,900
Asking Price
$169,900
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)
900
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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