$49,900 FOR SALE

Business for Sale

Total Area: 2,017 ft2

219 20th Street W
Saskatoon, SK S7M 0W8 | Riversdale

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. (id:47423)

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Listed By Royal LePage Hallmark
Data Provided By Saskatchewan REALTORS® Association
MLS® Listing Number SK948604
Last Updated Jan 22, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Neighbourhood Riversdale
Price History
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Detailed Information
Total Area 2,017 ft2
Listing Contract Date 2023-10-12
Ownership Type Leasehold
Property Type Business
Transaction Type For sale
Building
Amenities Storefront
Constructed Date 1949
Heating Type Other
Size (Exterior) 2017 square feet
Land
Total Size 10500 square feet
Size of Irregular Land 10500.00

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