Food Related Businesses For Sale in Saskatoon Saskatchewan

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Full Service Licensed Restaurant

Location:Saskatoon, Saskatchewan

Category:Food

Asking Price:$1,000,000

  • Sales revenue : $2,100,000
  • Net profit : $250,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : $ N/A Inc
  • Full Service Licensed Restaurant
  • Full Service Licensed Restaurant

Business description

Full service licensed restaurant for sale in downtown Saskatoon. Business is showing consistent growth in revenues. Currently operated by absentee owners with management in place. Very popular eating and drinking establishment. Attracts regular customers that work downtown plus visitors staying at nearby hotels or visiting downtown. Approximately 60/40 split between food and beverage sales. Kitchen equipment is modern and in good working condition. Significant lease improvement expenditures just a few years ago. Four years remaining on lease with 5 year renewal option.

Other Information

  • Is Business Relocatable?: NO
  • Is Business Home Based?: NO
  • Franshise Terms: NO
  • Real Estate: Building Size:5200 sq m
  • Years Established: 2002
  • Employees: 0 Part Time
  • Reason For Selling: Owners want to retire and spend more time away from the proximity of the restaurant.
  • Lease Terms: Lease Security: 0.000000
Sunbelt Saskatchewan
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