210 Slimmon Rd Unit 40, Saskatoon, SK S7V 0L7

$53,000
1,430
SqFt

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List Price
$53,000
Days on Market
71
Status
ACTIVE UNDER CONTRACT
MLS® #
SK041260
Sq. Ft
1,430
Acres
1.73
Area
Saskatoon
Subdivision
Lakewood S.C.
Year Built
2016

Property Description

Excellent turnkey business-asset sale opportunity located at Unit 40, 210 Slimmon Road, within the well-established Lakewood Suburban Centre of Saskatoon. Operating as an established and fully equipped Bubble Tea, Specialty Coffee, and Asian Fusion Snack Cafe, this independent business operates completely free from franchise fees and corporate menu restrictions, offering absolute operational autonomy to the incoming owner. The total leasable building area comprises 1,430 square feet, professionally configured with a 1,327 square foot retail, dining, and service counter area, supplemented by a 103 square foot storage room. The commercial space is situated within a well-maintained steel-frame structure constructed in 2016, featuring fully integrated central air conditioning and a rooftop HVAC unit. This transaction represents a turnkey turnaround opportunity for a hands-on owner-operator or family team to eliminate management overhead, stabilize labour costs, and recapture the established local market. The offering is structured as an asset sale. The sale encompasses the transfer of the established trade name, all leasehold improvements, and all existing on-site inventory, supplies, operational fixtures, equipment, and machinery. A significant majority of the equipment, tools, and appliances were purchased new in 2022, resulting in excellent asset condition, with select premium components remaining entirely unused and in pristine operational state. The current commercial net lease remains active and fully transferable via a standard lease assignment. Furthermore, the formal lease contract contains a 5-year renewal option clause, ensuring long-term operational security and locational continuity at this high-density residential hub. The seller is highly motivated, and the asset package is priced for an immediate, smooth transition.

Listing courtesy of L&T Realty Ltd..

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