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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$224,990
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
Welcome to a prime grocery retail space strategically located adjacent to a major highway, ensuring maximum visibility and accessibility for customers. With 2112 square feet of retail space, this store offers a fantastic opportunity for a range of grocery businesses, from small independent stores to franchise outlets. Situated adjacent to a major highway, this location guarantees high visibility to passing traffic, making it an ideal spot for capturing impulsive shoppers and regular commuters. Easily accessible from the highway, providing convenience for customers looking to make quick stops for groceries or essentials. The property includes ample parking space, ensuring ease of access for customers and facilitating increased foot traffic. Layout and square footage allow for potential expansion or customization to suit specific business needs and preferences. In addition to highway traffic, the store benefits from being near residential neighborhoods, providing a steady flow of local customers. Located in a well-developed area with existing businesses nearby, fostering a supportive commercial environment. he high traffic volume presents excellent marketing opportunities for promotions, special offers, and branding initiatives. Call your favourite Realtor® to view this amazing opportunity !! (id:39198)
Location
Province
Saskatchewan
City
Swift Current
Address
4 1061 Central Avenue N
Postal Code
S9H4Y9
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
2,112
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
$224,990
Asking Price
$224,990
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)
2,112
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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