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$ 58,000
Est. payment | /mo
1,430 SqFt
$ 58,000
Est. payment | /mo
1,430 SqFt
Key Details
Property Type Commercial
Sub Type Business Brokerage
Listing Status Active
Purchase Type For Sale
Square Footage 1,430 sqft
Price per Sqft $40
MLS Listing ID SK041260
Year Built 2016
Lot Size 1.730 Acres
Acres 1.7304789
Property Sub-Type Business Brokerage
Source Saskatchewan
Property Description
Excellent turnkey business-asset sale opportunity located at Unit 40, 210 Slimmon Road, within the well-established Lakewood Suburban Centre of Saskatoon. Operating as an established and fully equipped Bubble Tea, Specialty Coffee, and Asian Fusion Snack Cafe, this independent business operates completely free from franchise fees and corporate menu restrictions, offering absolute operational autonomy to the incoming owner. The total leasable building area comprises 1,430 square feet, professionally configured with a 1,327 square foot retail, dining, and service counter area, supplemented by a 103 square foot storage room. The commercial space is situated within a well-maintained steel-frame structure constructed in 2016, featuring fully integrated central air conditioning and a rooftop HVAC unit. This transaction represents a turnkey turnaround opportunity for a hands-on owner-operator or family team to eliminate management overhead, stabilize labour costs, and recapture the established local market. The offering is structured as an asset sale. The sale encompasses the transfer of the established trade name, all leasehold improvements, and all existing on-site inventory, supplies, operational fixtures, equipment, and machinery. A significant majority of the equipment, tools, and appliances were purchased new in 2022, resulting in excellent asset condition, with select premium components remaining entirely unused and in pristine operational state. The current commercial net lease remains active and fully transferable via a standard lease assignment. Furthermore, the formal lease contract contains a 5-year renewal option clause, ensuring long-term operational security and locational continuity at this high-density residential hub. The seller is highly motivated, and the asset package is priced for an immediate, smooth transition.
Location
Province SK
Community Lakewood S.C.
Interior
Heating Air Conditioning, Roof Top H/Vac
Cooling Air Conditioning, Roof Top H/Vac
Exterior
Amenities Available Alarm System Rented, Interior Space, Onsite Parking, Store Front
Others
Ownership Leasehold
Virtual Tour https://youtu.be/Ug9j2DKUx_c
Listed by L&T Realty Ltd.