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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$37,900
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
This lot is available in the quaint community of Hitchcock, SK. Located 7 miles west of the booming community of Estevan on Highway 39. Each lot is backed by the beautiful mature landscaping and large trees located around the Hitchcock community hall which is available for many events. Beautiful, large trees and greenery around. With the area having no through road, you can be guaranteed that traffic will be very slow and kept at a minimum. Streetlights and services are already in place. Plans to be approved by the developer (Meadowlark Properties Inc.) as well as the RM of Estevan prior to commencement of construction. (id:39198)
Location
Province
Saskatchewan
City
Hitchcock
Address
111 Meadowlark Drive
Postal Code
S4A2A3
Location Highlights
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Listed by
Royal LePage Dream 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
0
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
$37,900
Asking Price
$37,900
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)
0
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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