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BrokerStudio
Suite of tools & services
Benefits
Monthly Rate
$2,500
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Prime Downtown Melville Restaurant Space for Lease. (Also available for sale — see MLS® #SK023604) An excellent opportunity to lease a 2,380 sq. ft. main-floor restaurant and kitchen space in the heart of downtown Melville. Offered at $2,500 per month, this high-visibility location sits on one of the city’s busiest corners, providing strong traffic exposure ideal for any food service operation. For operators looking to expand or create multiple revenue streams, additional spaces are available, including: 340 sq. ft. former flower shop – $600/month, 1,679 sq. ft. bar area – $800/month These additional areas offer exceptional flexibility for growth, multi-use concepts, or complementary business operations. This is a rare opportunity to establish or expand your business in a highly desirable downtown location with excellent exposure and long-term potential. (id:39198)
Location
Province
Saskatchewan
City
Melville
Address
Main
Postal Code
S0A2P0
Location Highlights
N/A
Listed by
RE/MAX Blue Chip Realty Saskatchewan listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
2,380
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Monthly Rate
$2,500
Asking Price
$2,500
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,380
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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