219 20th Street W, Saskatoon

$49,900

0 Beds
0 Baths
2,017 Sqft
.24 Acres

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.

Essential Information
MLS® #SK948604
Price$49,900
Bathrooms0.00
Square Footage2,017
Acres0.24
Year Built1949
TypeCommercial
Sub-TypeBusiness Brokerage
StatusActive
Community Information
Address219 20th Street W
SubdivisionRiversdale
CitySaskatoon
ProvinceSaskatchewan
Postal CodeS7M 0W8
Amenities
AmenitiesOnsite Parking, Store Front
Interior
HeatingOther
Exterior
ConstructionWood & Frame
Additional Information
Date ListedOctober 12th, 2023
Days on Market117
HOA Fees0.00
Listing Details
OfficeRoyal LePage Hallmark
Property History
Price Reduced from $99,000 to $49,900
Price Reduced from $149,900 to $99,000
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