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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,999
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
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Building Size
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Premise Summary
Located in the Town of Assiniboia in a great location on the busy Centre Street. Come checkout this great commercial property! 2400 square feet of retail space with additional space in the finished basement. An extremely wide staircase makes access to the basement a breeze! The property features overhead furnaces on the main floor and a ducted furnace in the basement. The very high ceilings provide a great showroom! Currently operating as a giftware/clothing/flower shop, the uses for this property are endless. It features lots of Character features with modern conveniences. There are extra storage rooms on both levels. The basement also features a staff room and 2-piece bath. The front of the building has been upgraded with Stucco. You will notice the very large windows, perfect for displaying your products. Whatever your needs, this building could work perfectly for you. Come have a look today! (id:39198)
Location
Province
Saskatchewan
City
Assiniboia
Address
Centre
Postal Code
S0H0B0
Location Highlights
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Listed by
Century 21 Insight Realty Ltd. 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
2,400
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
$179,999
Asking Price
$179,999
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)
2,400
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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