Exceptional Business Opportunity Awaits! Seize the chance to own a well-established franchise, Ringers Original Pizza, strategically located in the vibrant City of Warman. Nestled in a prime location adjacent to Great Pl...
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Exceptional Business Opportunity Awaits! Seize the chance to own a well-established franchise, Ringers Original Pizza, strategically located in the vibrant City of Warman. Nestled in a prime location adjacent to Great Pl...
Asking Price : $169,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,165
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to Adonis Lounge. This lounge/restaurant is fully equipped and functioning with a regular customer base. This restaurant is completely renovated featuring high-end furniture, a fully completed and functioning kit...
Asking Price : $355,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,205
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Location, Location, Location! Up for sale is a beautiful downtown restaurant located just steps away from Midtown Mall in downtown Saskatoon! The fully licensed restaurant has been operating for a little over a year now ...
Asking Price : $229,999
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,936
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Turn-key business opportunity at fantastic downtown core location right beside the river! The one and only one restaurant/cafe/cafeteria/bakery in the Medical Arts Building. Recently renovated 737 sq ft space with newer ...
Asking Price : $70,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 737
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This is a rare opportunity to acquire a well-established restaurant franchise in a high-traffic strip mall location. The business comes with a leasehold improvements, fixtures, and full kitchen equipment (including one w...
Asking Price : $149,900
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,400
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Rare find! Turnkey, RECENTLY RENOVATED restaurant business! Fantastic downtown core location, about 1414 sqft, 50 seats, full sized kitchen cooking line, clean and well organized. Parking behind the building. Very attrac...
Asking Price : $79,900
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,414
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Canada's one of the fastest Quick Serving Restaurant -Guac Mexi Grill is for sale in Martnesville SK. An ideal Food Franchise Business for First time Business Buyer and or Owner Operator. Guac is serving fresh mexican Fo...
Asking Price : $180,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,131
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This listing is for the business sale only. 50 seats Chinese and Vietnamese restaurant. Turnkey. Full cooking line; steady cash flow and very reasonable lease term. (id:39198)
Asking Price : $115,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,508
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
For Sale: Saigon 2 Restaurant - Offering Authentic Vietnamese Cuisine in a Prime Location. Enjoy cozy atmosphere with spacious seatings for 80 guests, and a fully equipped kitchen. indulge in an extensive menu of traditi...
Asking Price : $280,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,448
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Wendel Clark’s Classic Grill and Bar has been an ever-growing popular family style food and beverage establishment in Saskatoon. The branding and identity of the franchise is built around a local and nationally revered...
Asking Price : $1,200,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 6,356
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Beautiful New Restaurant/Lounge. 100 person capacity. Due to circumstances Sellers loss Buyer's gain. Due to family issues Seller must move to Toronto. Buisness has only been opened for 4 months. Monthly rent $3472.08 ti...
Asking Price : $295,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,205
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Popular and profitable bubble tea shop for sale. Chatime, one of the largest teahouse franchise in the world, it operates 2500+ outlets in 38 countries. This franchisee is located in a commercial district surrounded by m...
Asking Price : $189,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,740
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Saskatoon is a vibrant city with a growing food scene and offers a range of enticing opportunities for those interested in the culinary business. Exploring restaurants for sale in Saskatoon, Saskatchewan, presents potential buyers with a unique chance to immerse themselves in this dynamic market. Buying a restaurant in this city is an investment in a property and a step into a community rich in culture and culinary diversity.
When venturing into the world of restaurant ownership in Saskatoon, several crucial factors come into play:
Location: A prime location in Saskatoon can be a game changer. Consider foot traffic, accessibility, and the neighbourhood's dining preferences.
Concept and Cuisine: Align your restaurant concept with the local market's tastes while offering something unique to stand out.
Financial Health: Assess the current financial status of the restaurant, including revenues, expenses, and profit margins.
Operational Aspects: Understand the day-to-day operations, including staffing, supplier relationships, and inventory management.
Competition: Analyze the competitive landscape in Saskatoon. Know what other restaurants offer and how yours can offer something different or better.
The Saskatoon restaurant market is characterized by its diversity and adaptability. Before diving into a purchase, it’s essential to understand the market's nuances. This includes:
Consumer Trends: Stay updated on the latest dining trends in Saskatoon. What cuisines are in demand? Are there shifts towards sustainable or farm-to-table options?
Economic Indicators: Pay attention to Saskatoon’s economic health, as it directly impacts dining out frequency and consumer spending.
Regulatory Environment: Familiarize yourself with local food safety regulations, licensing requirements, and other legalities.
Saskatoon’s restaurant scene is currently experiencing a period of exciting growth and evolution. With an increasing interest in diverse cuisines and dining experiences, the market shows promising potential for new entrants.
In Saskatoon, certain restaurant types resonate more with the local populace. Here’s a snapshot of popular restaurant categories:
The economic climate in Saskatoon significantly impacts the restaurant industry. Current economic trends show:
Consumer Spending Patterns: Economic stability in Saskatoon leads to increased consumer spending on dining out.
Real Estate Market: Real estate trends affect restaurant space rental and purchase prices.
Employment Rates: Higher employment rates in Saskatoon can increase disposable income, benefiting the restaurant industry.
Understanding these elements is crucial for anyone considering entering Saskatoon's dynamic restaurant market. This understanding helps prospective buyers make well-informed decisions when looking at restaurants for sale in this vibrant city.
A thorough evaluation is key when considering the purchase of a restaurant in Saskatoon. This stage is critical in ensuring that your investment is sound and has the potential for growth and sustainability.
A restaurant's financial health is a major indicator of its viability. Key financial aspects to examine include:
Revenue Streams: Investigate the primary sources of income. Is the restaurant heavily dependent on dine-in customers, or does it have a robust takeout or catering service?
Expense Analysis: Scrutinize regular expenses such as rent, utilities, supplier costs, and employee salaries. This helps in understanding the operational cost structure.
Profit Margins: Analyze profit margins over the past few years to gauge financial stability and growth potential.
Debt Obligations: Be aware of any existing debts or loans the restaurant is servicing.
Conducting or examining recent audits and appraisals of the restaurant provides insights into its operational efficiency and asset value. This includes reviewing health and safety compliance, equipment condition, and inventory value. Appraisals are especially important in understanding the fair market value of the restaurant, which is crucial for negotiating the purchase price.
Navigating the process of purchasing a restaurant in Saskatoon requires a step-by-step approach to ensure all essential aspects are covered.
When finalizing the purchase of a restaurant, certain documents are crucial:
Business Sale Agreement: A legal document outlining the terms and conditions of the sale.
Financial Records: Includes past income statements, balance sheets, and tax returns.
Asset Inventory: List of all assets being transferred, including equipment, furniture, and inventory.
Lease Agreements: If applicable, copies of the property lease agreement.
Understanding and complying with legal requirements is essential for a smooth transition into restaurant ownership in Saskatoon.
Saskatoon's restaurant industry is governed by various regulations that ensure safety, quality, and compliance. Familiarizing yourself with local health codes, employment laws, and food safety regulations is crucial. This ensures the restaurant operates within legal boundaries and maintains a good reputation.
Securing adequate financing is a critical step in purchasing a restaurant. In Saskatoon, buyers have several options, each with unique advantages and considerations.
Traditional bank loans are a common route for financing restaurant purchases. Here are key points to consider:
Interest Rates and Terms: Compare banks to find competitive interest rates and favourable repayment terms.
Credit Requirements: Banks typically require a good credit score and a solid financial history.
Collateral: To secure the loan, be prepared to offer collateral, such as personal assets.
Application Process: The process can be lengthy, involving detailed business plans and financial projections.
Vendor financing, where the seller extends credit to the buyer, can be an alternative to traditional loans. This option often leads to more flexible terms and a simpler transaction process. It's important to negotiate terms clearly and have a legal agreement outlining the loan details, including the interest rate, repayment schedule, and consequences of default.
Embarking on the journey of owning a restaurant in Saskatoon comes with its challenges. Being prepared for potential obstacles is key. These include navigating fluctuating market trends, managing operational costs, and adapting to changing consumer preferences. Effective planning, market research, and financial management are crucial for overcoming these challenges.
Owning a restaurant is not just a business venture but a personal adventure filled with opportunities for growth and creativity. It allows you to bring your culinary vision to life and contribute to Saskatoon's vibrant food scene. With the right approach, resources, and mindset, your dream restaurant can become a thriving reality, adding to the rich tapestry of Saskatoon's dining landscape.
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In Saskatoon, Saskatchewan, a plentiful selection of dining venues awaits buyers. Options span from quintessential Canadian eateries and sushi joints to pizza houses and elegant gastronomic places. Market listings feature pubs, bakeries and coffee houses, too.
You can find listings for restaurants for sale in Saskatoon, Saskatchewan, on the Find Businesses 4 Sale website. This platform offers a comprehensive database of businesses for sale, including restaurants, and provides customized search tools to help you find exactly what you want. To explore restaurant listings in Saskatoon, visit Find Businesses 4 Sale.
The potential cost of acquiring a restaurant in Saskatoon, Saskatchewan, diverges widely. Factors like location, scale and earnings influence the price greatly. Generally, the ballpark figure fluctuates from $100,000 to over $1 million CAD.
Securing an eatery in Saskatoon, Saskatchewan necessitates recipients to attain several permits, like business and food handling licenses, and perhaps a liquor license. Adhering to health board regulations and structuring safety ordinances is crucial.
Numerous real estate firms and business brokers have expertise in this area. They can offer valuable guidance and support throughout the buying process. To explore options and connect with professionals specializing in this field, visit the Professional Services Directory on Find Businesses 4 Sale.
https://artsandscience.usask.ca/cdprofile/download.php?fileid=346
https://linda-hoang.com/saskatooning-where-to-eat-shop-explore-in-saskatoon-saskatchewan/
https://www.rrgconsulting.com/ten-restaurant-financial-red-flags.html
https://www.saskatoon.ca/business-development/business-licenses/business-license-online
https://www.foodsafety.ca/laws-requirements/by-location/saskatchewan
There are many great Restaurants for sale in Saskatoon, Saskatchewan, but some of the top-rated options include Pizza/Delivery Restaurant at 2 100 6th AVENUE S , Casual Dining Restaurant at 6 705 CENTRAL AVENUE and Casual Dining Restaurant at 7 105 21st STREET E .
Yes, there are currently some interesting offers available for Restaurants for sale in Saskatoon, Saskatchewan. Check out the following links for more details:
Pizza/Delivery Restaurant at 2 100 6th AVENUE S , Casual Dining Restaurant at 6 705 CENTRAL AVENUE and Casual Dining Restaurant at 7 105 21st STREET E .
The average price is around $276,066. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Restaurants for sale in Saskatoon, Saskatchewan, be sure to click the link above to see all available offers and find your dream. Don't miss out on these amazing deals!
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