Business For Sale · Specialty

303 Main STREET, Watrous

303 Main STREET, Watrous, SK S0K4T0

$240,000 total

1,918 SF

Asset Class

Specialty

Size

1,918 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$125

Occupancy

88%

Year Built

1987

About this property

Step into a profitable, turn-key restaurant with a loyal customer base in the heart of Watrous — a friendly and steadily growing community just one hour from Saskatoon and 1.5 hours from Regina. Located right on Main Street, Peachwood Restaurant is well known for its excellent food, consistent quality, and welcoming atmosphere. With strong local support and year-round visitors from nearby Manitou Beach, it offers both stability and growth potential. Watrous is not only a hub for agriculture and potash mining, but also a well-serviced town with its own hospital, schools---Watrous Elementary School (K–6) and Winston High School (7–12), three local car dealerships and a variety of local shops and amenities. The town has a population of approximately 2,300 residents. With a friendly atmosphere and well-developed infrastructure, Watrous is an ideal place to live and do business. In addition to the restaurant space, the second floor includes four private bedrooms, one big living room, one bathroom— quiet, spacious, and completely separate from the business below, providing flexibility for owner occupancy or rental income. Watrous benefits from steady economic activity driven by potash mine expansions, CN Rail operations, and regional tourism. High visibility, strong financials, and excellent foot traffic make this an ideal opportunity for entrepreneurs or investors seeking a reliable income stream. Simply take over and start earning from day one. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$240K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$3K

Cash-on-cash

4.59%

DSCR

1.25

Going-in cap

6.92%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP1,696 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

128,169

Households

45,699

Median income

$98,000

Median age

44.5

Daytime population

210,907

5-yr growth

0.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 303 Main STREET, Watrous.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.