Seize the exceptional opportunity to acquire a turnkey grocery business situated in downtown Saskatoon. Boasting a rich legacy of over two decades, this establishment commands a robust client base with dedicated patrons spanning across the province. The current business is specialized in supplying restaurant dinnerware to both wholesale commercial clients and retail individual customers. It stands out with one of the most comprehensive and diverse selection of dinnerware in the entire province. The comprehensive product line encompasses foodservice supplies and equipment, smallware, China dinnerware, porcelain dinnerware, cookware, in addition to general grocery items such as office supplies, giftware, and worship supplies. Leveraging mature and efficient factory-direct supply channels, coupled with a professional shipping system, the business enjoys high-profit margins. The owner is committed to providing thorough training and access to established supply channels, ensuring a seamless transition for the new owner. Strategically positioned in a high-exposure storefront, the business encompasses over 2017 sq ft of retail space, complemented by basement storage. The lease terms ($2363/month) are highly favorable, contributing to an attractive cash flow with considerable growth potential. Characterized by ease of management, this business presents a compelling investment proposition for those seeking a thriving enterprise with a solid foundation. Inventory extra $20k+. Good for SINP.
Listing Area:
Saskatoon
Listing Subarea:
Riversdale
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1949
(Age: 75)
Total Floor Area:
2,017 sq. ft.187.385 m2
Ownership Title:
Leasehold
Business Type:
grocery store & dinnerware supplier
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Supplies, Trade Name
Data was last updated September 16, 2024 at 05:35 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$435,000
Min list price:
$49,900
Max list price:
$899,000
Avg days on market:
76
Min days on market:
13
Max days on market:
340
Avg price per sq.ft.:
$153.36
These statistics are generated based on the current listing's property type
and located in
Riversdale. Average values are
derived using median calculations.
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