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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,290,000
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
Balcarres Sunglow Esso is situated in the vibrant town of Balcarres, along the well-traveled Highway 10 and Highway 22, approximately one hour's drive from both Regina and Yorkton. The area is surrounded by three First Nations reserves, numerous farms, and a variety of recreational destinations. Currently, the business includes a gas station, convenience store, and UHaul rentals. The on-site restaurant is not operational at the moment due to staffing shortages but holds potential for future use. Additionally, the property features campsites with full services, offering great opportunities for new business ventures. Recent updates to the property include new pavement, upgraded fuel dispensers, and various other improvements. Recent updates include new pavement, new fuel dispensers and some other improvements. (id:39198)
Location
Province
Saskatchewan
City
Balcarres
Address
10
Postal Code
S0G0C0
Location Highlights
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Listed by
RE/MAX Crown 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
3,272
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
$1,290,000
Asking Price
$1,290,000
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)
3,272
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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