Long-Established & Popular Business for Sale! Rare opportunity to acquire Tsui King Lau, a well-known, fully licensed restaurant in Saskatoon with over 30 years of successful operation. Suitable for a wide range of cuisines – Indian, Filipino, Chinese, Western, Vietnamese, and more. New Kitchen Equipments in 2025; Extensive renovations completed in 2023–2024, including modern bar and wine display; Approx. 100 seats with loyal clientele (70% local, 30% Asian/Chinese); High-end commercial kitchen plus extra space for walk-in cooler or freezer ; Liquor license in place; potential to add VLTs for additional income ; Ample parking spaces; Approx. $5,500/month rent (includes occupancy costs) ; Business-only sale – no real estate included
Listing Area:
Saskatoon
Listing Subarea:
Caswell Hill
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
1980
(Age: 46)
Total Floor Area:
3,000 sq. ft.279 m2
Ownership Title:
Leasehold
Business Type:
Restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Goodwill, Leasehold Improvements, Trade Name
Total Building Size:
3,000 sq. ft.279 m2
Heating:
Air Conditioning
Construction:
Other
Onsite Parking, Store Front
Occupancy:
Tenant
View of commercial location with uncovered parking
View of commercial property with uncovered parking
View of property
View of utilities
Dining room featuring light wood-type flooring
View of community bar area
Photo 7 of 26
View of dining room
Indoor wet bar featuring wooden counters
Indoor wet bar with open shelves, white cabinetry, butcher block counters, tasteful backsplash, and stainless steel microwave
Bar area featuring butcher block countertops, open shelves, and dark cabinets
Kitchen with butcher block countertops and pendant lighting
Kitchen view of wall chimney range hood
Detailed view
Detailed view of stainless steel range
Detailed view of exhaust hood and stainless steel double oven
Detailed view of stainless steel range and stainless steel counters
View of storage
Unfinished below grade area with white refrigerator and freestanding refrigerator
Hall featuring a wainscoted wall, tile walls, heating unit, and recessed lighting
Photo 21 of 26
Doorway to outside with a sink and water heater
View of parking / parking lot featuring a gate
View of uncovered parking lot
View of uncovered parking lot
View of commercial property with uncovered parking
Data was last updated January 7, 2026 at 07:35 AM (UTC)
Area Statistics
Listings on market:
69
Avg list price:
$249,000
Min list price:
$19,999
Max list price:
$16,000,000
Avg days on market:
104
Min days on market:
2
Max days on market:
363
Avg price per sq.ft.:
$123.12
These statistics are generated based on the current listing's property type
and located in
Saskatoon. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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