219 20th Street W, Saskatoon, Saskatchewan

$49,900

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2,017

Square feet

0.24

Acres

About 219 20th Street W

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.

Features of 219 20th Street W

MLS® # SK948604
Price $49,900
Bathrooms 0.00
Square Footage 2,017
Acres 0.24
Year Built 1949
Type Commercial
Sub-Type Business Brokerage
Status Active

Community Information

Address 219 20th Street W
Subdivision Riversdale
City Saskatoon
Province Saskatchewan
Postal Code S7M 0W8

Amenities

Amenities Onsite Parking, Store Front
Is Waterfront No
Has Pool No

Interior

Heating Other
Fireplace No
Has Basement No

Exterior

Construction Wood & Frame

Additional Information

Date Listed October 12th, 2023
Days on Market 182
HOA Fees 0.00

Listing Details

OfficeRoyal LePage Hallmark

Listing Map

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