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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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 commercial building is located in the downtown core of Meadow Lake, giving you the exposure needed for your business. It is currently operating as a Flower/Antique Shop. This building is equipped with 75% retail space with work area/storage/coffee area set up in the back for privacy. Floor model furnace, hvac heating, air conditioning, 2pc bathroom, utility room, lots of storage space and on site parking. Lot size is 30ft x 110 ft. Building is 2800sf. Many possibilities to suit your needs. This is a great opportunity to secure prime commercial property in the bustling community of Meadow Lake. (id:39198)
Location
Province
Saskatchewan
City
Meadow Lake
Address
Centre
Postal Code
S9X1Z7
Location Highlights
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Listed by
RE/MAX of The Battlefords - Meadow Lake 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
2,800
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
$249,000
Asking Price
$249,000
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)
2,800
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
N/A
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