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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$238,000
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
A lucrative grocery store located in the village of Young, a convenient 15-minute drive from Watrous and Manitou Beach, and in proximity to the Colonsay, Allan, and Lanigan Potash mines. Just 50 minutes away from Saskatoon, this business is equipped with a walk-in cooler and walk-in freezer, as well as a purified water system. Having served the community for years, it stands as the sole grocery store in town. The sale price includes all equipment, shelving, the building, and the business itself. MUST PURCHASED TOGETHER WITH SK961703, 202 Main Street Young (Residential house) (id:39198)
Location
Province
Saskatchewan
City
Young
Address
118 Main Street
Postal Code
S0K4Y0
Location Highlights
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Listed by
RE/MAX Saskatoon 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
4,000
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
$238,000
Asking Price
$238,000
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)
4,000
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
N/A
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