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Retail Property For Sale at 118 Main STREET in Young, Saskatchewan

4 Sale ID #214953
Updated 03 May 2024

Asking Price

$238,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

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)

  • MLS® : #SK961705
  • Date Listed : 10 Mar 2024

Location

Province

Saskatchewan

City

Young

Address

118 Main Street

Postal Code

S0K4Y0

Location Highlights

N/A

Listed by

RE/MAX Saskatoon Saskatchewan listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

4,000

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$238,000

Asking Price

$238,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

4,000

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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