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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,199,999
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
N/A
Building Size
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Premise Summary
Option for Sale or Lease. Welcome to 483 Broadway St located in Fort Qu' Appelle just 40 minutes away from Regina. This property is currently set up as a care home with 25 beds, kitchen, and lounge areas. Pride of Ownership as you enter this property, the bedrooms are generous in size and features 2 pc bath which gives you a wide range of care home or related uses such as treatment centers, healing, wellness, and family centers or any sort of humanitarian uses needing lots of bedrooms and space. A similar property nearby just blocks away that features 21 bedrooms can also be purchased/leased as well. (id:39198)
Location
Province
Saskatchewan
City
Fort Quappelle
Address
483 Broadway Street
Postal Code
S0G1S0
Location Highlights
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Listed by
Royal LePage Next Level 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
8,974
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
N/A
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
N/A
Financial Information
Yearly Rate
$2,199,999
Asking Price
$2,199,999
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)
8,974
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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