Main Photo: 1418 COLLEGE Drive in Saskatoon: Varsity View Commercial for sale : MLS®# SK993289
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK993289
Bus Major:
Confectionary store
Business for Sale: Turnkey Confectionery Store Near University of Saskatchewan!This is a rare opportunity to own a well-established and thriving confectionery business located directly across from the University of Saskatchewan, which has approximately 30,000 students. The store, situated in a high-traffic area surrounded by hotels, motels, the city hospital, and residential neighborhoods, has been a staple in the community since the 1990s. With 1,336 sq. ft. of store front retail space with two extra storage room and an attractive monthly gross rent around of $3950 (including water and gas), this business generates annual sales of around $400,000, offering a stable cash flow and strong growth potential. The store provides a variety of products and services, including confectionery items, ATM services (including Bitcoin), cellphone & internet referral services and lottery tickets. This turnkey operation includes leasehold improvements, fixtures, shelves, and equipment such as fridges and freezers, making it easy to transition and operate. The business is profitable, easy to manage, and well-positioned for continued success. Additionally, it may be eligible for the Saskatchewan Immigrant Nominee Program (SINP), making it an ideal investment for entrepreneurs seeking a reliable and lucrative business. Priced to sell, this is a unique chance to acquire a successful business in a prime location. Contact for more information and to arrange a viewing.
Listing Area:
Saskatoon
Listing Subarea:
Varsity View
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Total Floor Area:
1,336 sq. ft.
Ownership Title:
Leasehold
Business Type:
Confectionary store
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Goodwill, Leasehold Improvements, Trade Name
Retail Size:
1,336.5 sq. ft.
Total Building Size:
1,336.5 sq. ft.
Heating:
Roof Top H/Vac
Construction:
Wood Frame
Onsite Parking, Store Front
Date Listed:
Jan 24, 2025
Days on Mkt:
12
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Data was last updated February 5, 2025 at 05:35 AM (UTC)
Area Statistics
Listings on market:
66
Avg list price:
$349,950
Min list price:
$28
Max list price:
$14,600,000
Avg days on market:
82
Min days on market:
11
Max days on market:
320
Avg price per sq.ft.:
$177.58
These statistics are generated based on the current listing's property type and located in Saskatoon. Average values are derived using median calculations.
Gary Gai
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
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