Primary photo of 421 Main STREET S, Foam Lake
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Business For Sale

$229,000

MLS® Number: SK026661

Floor Area

880

Land Size

0.07

Year Built

1985

421 Main STREET S, Foam Lake, Saskatchewan

About This Property

This property offers a nice sized cafe with liquor license, main street access, seating for 20-30, prep kitchen, storage, 1/2 bath, and a coffee nook area with sandwich prep area, quartz bar top, and till area. The sale would be an asset sale but the location shows it can make a profit with good numbers for the one year the business has been in operation. Profits could be increased with previous owner only operating as a cafe without liquor sales for most of the year, only for daytime hours, and recently shown good revenues hosting private functions. The building has plenty of upgrades including flooring, shingles, furnace, AC and all the equipment. equipment and inventory alone is about $70,000. The lot has plenty of space if the new owner wanted to take advantage of a back patio as some patrons enjoyed a patio experience on the front sidewalk. The place is a unique opportunity to run a cafe on a smaller scale avoiding too much need for hired staff which can be hard to find/train.

Property Details

Interior Details

Heating

Furnace

Living Area

880 sqft

Building & Exterior

Building Area Total

880.0

Building Area Units

square feet

Building Features

Storefront

Year Built

1985

Land & Location

Frontage Length

24.9 feet

Lot Size Area

0.07 acres

Lot Size Dimensions

0.07

Postal Code

S0A1A0

Listing & Financials

Listing Office

RE/MAX Blue Chip Realty

Originating System Name

Saskatchewan REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($45,800)
5.5%
25 Years

Estimated Monthly Payment

$1,125

Principal and interest only. Actual rates may vary.

Location & Map

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