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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,690,000
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
Location, Location Location! Excellent business with fully renovated Brand Name Gas station & Subway Restaurant with two Bay Car washes (2). The fully renovated above ground tank and newer pumps are another accent to already beautifully renovated c-store. The c-store is equipped with freshly renovated kitchen area with a new stove and a sandwich counter. Also well established and fully organized shelves are greatly laid out, and freshly renewed washrooms are loved by the customers. The walk-in cooler and mint condition convenience store is welcoming customers, locals and tourists and workers. The profitable Subway Restaurant is another accent to already profitable business. This business is truly a great Gem, it is a rare finding with high volume sales in c-store, Subway restaurant and a car wash. This easy to operate and renovated store is waiting for the new owner. Check out this opportunity! Please do not disturb the staff and owners. (id:39198)
Location
Province
Saskatchewan
City
Spiritwood
Address
Highway 3 & 24
Postal Code
S0J2M0
Location Highlights
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Listed by
RE/MAX Bridge City Realty 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
4,010
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
$3,690,000
Asking Price
$3,690,000
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.
N/A
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)
4,010
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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