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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$79,999
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
90 1st St. Wadena is currently Prairie Esthetics and could continue as your own spa or another business. Foot traffic on the street is high with the post office across the street. The building is currently set up as a spa complete with a tanning room with separate entrance. The building could easily convert into retail, office space or even a residence. There currently is one tenant renting space that would consider staying. (id:39198)
Location
Province
Saskatchewan
City
Wadena
Address
Ne 90 1st Street Ne
Postal Code
S0A4J0
Location Highlights
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Listed by
RE/MAX Blue Chip 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
944
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
$79,999
Asking Price
$79,999
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)
944
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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