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3500 sqft long history restaurant locate in commercial Kingsland SW, fully license , 100 seats, fully equipment. easy to convert other kind of cuisine restaurant. low rent only $4500 plus property tax $1500 plus building...
Asking Price : $220,000
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) : 10,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well established, "PUB STYLE Restaurant" located near COQUITLAM CENTRE. It's perfect place to open "Bubble Tea" Business. bring your own concept and idea. Rent Fee($6,814.29+ GST), 1,626sf, Liquor license, Ample parking ...
Asking Price : $60,000
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) : 1,626
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
MOTIVATED SELLER! Move out of the hustle & bustle of the city to this friendly rural community of Derwent where opportunity abounds. Centrally located in East Central Alberta between Two Hills, Vermilion & Elk Point, thi...
Asking Price : $92,500
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) : 1,736
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Location! Location! Location! Amazing business opportunity located in the heart of Downtown Richmond. Well known, profitable, and well established Japanese cuisine franchise. Over $100,000 initial investment on renovatio...
Asking Price : $150,000
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) : 576
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great location and lots of parking! Located a block off main street in the busy Town of Athabasca, this property is ready for its next owner. With 158 seating capacity this is one of the larger restaurants in town. Inclu...
Asking Price : $995,000
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) : 4,458
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Size (3200 sf) Total Rent ($7,013.60+GST) "No demolition" Full Commercial kitchen. Never approach STAFF directly (Always confidential) Showing by appointments only. If you need info package, pls email the listing agent f...
Asking Price : $668,001
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) : 3,200
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well kept commercial building located in the Village of Irma. Currently operating as a bar/hotel. Many other opportunities to develop the second level. Main level bar generates income from the leased VLTs, pool table ...
Asking Price : $245,000
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) : 6,468
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
356 Sq. ft full kitchen food court. very low rent about 5800 per month. (id:39198)
Asking Price : $228,000
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) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to your chance to become the proud owner of a thriving, well-established restaurant near Banting Memorial Municipal Park in Musgrave Harbour, which is a popular tourist destination. This business has great review...
Asking Price : $185,000
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) : 1,258
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well maintained To Go Sushi restaurant. All numbers and contents to be verified by the Buyer or Buyer's Realtor. Do not approach the owner/staff. (id:39198)
Asking Price : $85,000
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) : 600
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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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.
Stop wasting time with multiple websites. Your dream business awaits you here at Find Businesses 4 Sale!
We've created the most comprehensive platform for finding restaurants for sale in Saskatoon and throughout Canada. Say goodbye to hopping from one website to another and hello to viewing the most business and commercial properties for sale all in one place.
As a member of Find Businesses 4 Sale, you’ll enjoy:
Free membership for buyers - that's right, it costs nothing to join!
Access to the largest business-for-sale listings in Canada, all in one convenient place.
A customized dashboard to save and track all your favourite listings.
Specialized navigation tools to guide you through your buyer journey.
Free access to our Business Value Calculator to help you make informed decisions.
Embark on your business-buying journey in three easy steps:
Founded by professionals who experienced the frustration of time-consuming business searches, Businesses4Sale streamlines the process by compiling the most relevant information from multiple industry sources. We've transformed the business buying and selling experience, making it easy for future business owners and sellers to find exactly what they want.
Ready to begin? Join now, and let's get started.
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
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Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
