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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$99,000
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
Discover incredible value in this one-of-a-kind property located in Dinsmore, Saskatchewan! This versatile gem seamlessly combines a sprawling second-hand store with an expansive 5-bedroom residence. The asking price covers not only the 5-bedroom living quarters on the second floor, which currently serve as retail space, but also a spacious 1700 square feet of retail area on the main floor, complete with an extensive inventory. The lower level impresses with a full basement offering ample storage and a practical workshop space. An owner's retreat awaits, complete with a built-in jet tub for relaxation. Plus, enjoy the convenience of a new water heater installed in 2023. The property also comes with approximately $40,000 worth of inventory and 1000 square feet of Euro Shield roofing materials, along with all the supplies needed to complete the roof, valued at approximately $7,000. Dinsmore's strategic location, just 130 kilometers southwest of Saskatoon, provides easy access to the Lake Diefenbaker tourism area, famous for its recreational opportunities, including hunting, fishing, and boating. This property truly offers the best of both worlds: a thriving business opportunity and a comfortable family home, making it an exceptional investment prospect. Don't miss out on this opportunity to secure your future in Dinsmore! (id:39198)
Location
Province
Saskatchewan
City
Dinsmore
Address
105 Main Street
Postal Code
S0L0T0
Location Highlights
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Listed by
Royal LePage Hallmark Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,700
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
$99,000
Asking Price
$99,000
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)
1,700
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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