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Listed by Gary Gai Realty P.C. Ltd. • Royal LePage Varsity
$ 179,000
Est. payment /mo
Pending
1418 COLLEGE DRIVE Saskatoon, SK S7N 0W7
1,336 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Brokerage
Listing Status Pending
Purchase Type For Sale
Square Footage 1,336 sqft
Price per Sqft $133
Subdivision Varsity View
MLS Listing ID SK993289
Originating Board Saskatchewan
Property Sub-Type Business Brokerage
Property Description
Business for Sale: Turnkey Confectionery Store Near University of Saskatchewan!This is a rare opportunity to own a well-established and thriving confectionery business located directly across from the University of Saskatchewan, which has approximately 30,000 students. The store, situated in a high-traffic area surrounded by hotels, motels, the city hospital, and residential neighborhoods, has been a staple in the community since the 1990s. With 1,336 sq. ft. of store front retail space with two extra storage room and an attractive monthly gross rent around of $3950 (including water and gas), this business generates annual sales of around $400,000, offering a stable cash flow and strong growth potential. The store provides a variety of products and services, including confectionery items, ATM services (including Bitcoin), cellphone & internet referral services and lottery tickets. This turnkey operation includes leasehold improvements, fixtures, shelves, and equipment such as fridges and freezers, making it easy to transition and operate. The business is profitable, easy to manage, and well-positioned for continued success. Additionally, it may be eligible for the Saskatchewan Immigrant Nominee Program (SINP), making it an ideal investment for entrepreneurs seeking a reliable and lucrative business. Priced to sell, this is a unique chance to acquire a successful business in a prime location. Contact for more information and to arrange a viewing.
Location
Province SK
Community Varsity View
Interior
Heating Roof Top H/Vac
Exterior
Amenities Available Onsite Parking, Store Front
Building
Structure Type Wood Frame
Others
Ownership Leasehold