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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$50,000
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
This property was formerly occupied as a Dry-Cleaning business housed in a 5300 square foot retail/office/warehouse space in Nipawin's downtown core. Expand your business vision to this prime location with ample space for most retail startups. There is also alley access at the rear of the property with parking space. Dry-cleaning equipment and chattels on site are included in the sale. Call your REALTOR today for a tour of this affordable commercial property. (id:39198)
Location
Province
Saskatchewan
City
Nipawin
Address
212 1st Avenue W
Postal Code
S0E1E0
Location Highlights
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Listed by
Mollberg Agencies Inc. 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
5,300
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
$50,000
Asking Price
$50,000
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)
5,300
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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