This is a rare opportunity to acquire a well-established Asian Vietnamese restaurant in a high-traffic strip mall location on 8th st location. The current owner has been operating for almost 20 years; the business comes with a leasehold improvements, fixtures, and newer full commercial kitchen equipment. The restaurant has approximately 2400 sq ft and a seating capacity of 75 and has generated sales of around $500,000 a year. Tons of customers parking and 2 exclusive parking on the back. This is an ideal investment for those looking to own their own business. The current staff is experienced and capable, making for a smooth transition for a new owner. Very attractive rent, easy to operate, stable and strong growth potential. This business is priced to sell and may be eligible for the SINP program. Please contact your agent for more information.
Listing Area:
Saskatoon
Listing Subarea:
Grosvenor Park
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1972
(Age: 52)
Total Floor Area:
2,400 sq. ft.223 m2
Ownership Title:
Leasehold
Business Type:
Asian Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Trade Name
Data was last updated December 5, 2024 at 07:35 AM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$289,250
Min list price:
$24,900
Max list price:
$15,700,000
Avg days on market:
83
Min days on market:
5
Max days on market:
335
Avg price per sq.ft.:
$169.12
These statistics are generated based on the current listing's property type
and located in
Saskatoon. Average values are
derived using median calculations.
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