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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$432,900
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
Fully serviced 1.11 acre commercial / industrial lots zoned heavy industrial with paved street and concrete curb and gutter with city power, phone, gas and water and sewer all serviced to the property line. Located in Prince Alberts south industrial area, directly across highway 3 from The Yard District, Prince Albert’s newest commercial development, which will be home to the new City of Prince Albert Recreation complex. Build to suite lots are very versatile and could accommodate many different business opportunities with the heavy industrial zoning. Call now to find out more! (id:39198)
Location
Province
Saskatchewan
City
Prince Albert
Address
555 42nd Street E
Postal Code
S6W0A5
Location Highlights
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Listed by
RE/MAX P.A. 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
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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
$432,900
Asking Price
$432,900
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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