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Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Cash Flow 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)
Premises Size (square feet)
3,270Monthly Rent/Sq.Ft.
N/ASave this Listing
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A well-established Chinese restaurant in the thriving town of Langham, situated conveniently just 30 km from Saskatoon. This unique property offers a substantial dining capacity with 52 seats, making it the sole provider of Chinese cuisine in the area and a beloved staple within the community.The restaurant spans approximately 1,770 square feet and boasts a fully equipped kitchen with all owned appliances, including recent upgrades such as two advanced coolers and refrigerators. The property also features a newly installed roof in 2022 and freshly painted exterior walls completed in 2021, enhancing its curb appeal and structural integrity.Additional amenities include an 885 square foot garage, providing ample storage solutions for operational needs. Above the restaurant, the living quarters encompass four bedrooms, a living room, and a full bathroom, ideal for owner/operator accommodation or rental potential.Langham supports a growing population of 1,518 residents and accommodates both an elementary and a high school, enriching the community's appeal for business growth and family orientation.This is a remarkable opportunity to acquire a turnkey operation in a supportive community setting. Whether you are looking to manage a successful family restaurant or to invest in a profitable commercial property, this listing represents a compelling option with extensive facilities and strategic location. (id:39198)
Total income received prior to any expenses.
:
N/A
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
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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N/A
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