#100 3007 Clarence Ave S, Saskatoon

$295,000

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, Ashleys, 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 Tenants existing lease with Landlords approval. The Tenants 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.