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Benefits
Asking Price
$155,000
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
Nestled in the heart of Cut Knife, Saskatchewan, just 50 km from Battleford along Highway 40, this commercial real estate offering is an exceptional find. The property features a spacious 2,406 square foot hall that has been meticulously renovated, blending upscale enhancements with timeless charm. The centerpiece is a large, commercial-grade kitchen equipped with three stoves, three microwaves, a cooler, and multiple sinks, making it an ideal setup for catering and events. In addition to the functional kitchen, the hall has two bathrooms, ensuring convenience for guests and staff alike. The interior is designed to impress, with a centrally located stage making it perfect for presentations, performances, or as a focal point for gatherings. Adding to the appeal are the luxurious chandeliers that lend an air of sophistication to the space. The inclusion of tables and chairs with the property means it is ready to host events right from the start. Having undergone comprehensive renovations, this property combines modern features with a welcoming atmosphere, making it an ideal meeting place for groups or associations looking for a venue that is both functional and enchanting. Whether it's for corporate events, social gatherings, or community meetings, this venue in Cut Knife is a standout choice that promises to leave a lasting impression. Call to Take a look at it. (id:39198)
Location
Province
Saskatchewan
City
Cut Knife
Address
114 Steele Street
Postal Code
S0M0N0
Location Highlights
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Listed by
Century 21 Prairie Elite Saskatchewan listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
2,352
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
N/A
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
N/A
Financial Information
Yearly Rate
$155,000
Asking Price
$155,000
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,352
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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