I have listed a new property at 100 3007 Clarence AVE S in Saskatoon.
The featured property is a current business for sale in a prime location and an
exceptional opportunity to buy the assets and set up a new restaurant of your
choice at a fraction of the initial set-up cost which was approximately $750,000!
The Stonegate development is anchored by TD Bank, Scotia Bank, Dollarama,
Home Sense, Ashley’s, Reitmans, Boston Pizza, and A&W Walmart, Home
Depot, Golf Town, The Brick, which will produce an amazing amount of traffic
for years to come. The Purchaser shall assume the current Tenant‘s existing
lease with Landlord‘s approval. The Tenant‘s existing lease term (which expires
March 2023) also has one (1) five-year renewal option. Current seating capacity
is 190 (126 restaurant and 64 lounge). There are also an additional 24 seats in
the private patio. This asset sale includes all existing equipment which includes
walk in cooler and freezer, rangehood, grill, oven, deep fryers, tables and chairs,
all bar equipment and much more. A detailed equipment list will be provided to
interested parties. This is an incredibly-clean and well-maintained restaurant
and a turn key grade A opportunity for a restaurant entrepreneur.