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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,050,000
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
Mint condition Gas Station and Convenience store in a Highway leading to city of Saskatoon only (140 km ) and to a major city. The brand name gas station and a convenience store with a lottery machine. The property is equipped with upgraded and new tanks (above ground) and newer pumps. The owners have gone numerous upgrades in the property such as New Roof, New Ceiling in the store, new floorings and much more. This gas station is busy in the summer time with highway travelers , campers and locals. One of a kind business and property for those who want to engage in a gas fuel business. (id:39198)
Location
Province
Saskatchewan
City
Shell Lake
Address
Highway 3 & Highway 12
Postal Code
S0J2G0
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
2,785
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
$1,050,000
Asking Price
$1,050,000
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)
2,785
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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