$ 1,289,000

Vancouver, BC, V0V 0V0

Listing ID# C8014208
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$ 1,289,000

  • Vancouver, BC V0V 0V0
  • Listing ID C8014208
  • Primary Business Type: Food/Beverage
  • Secondary Business Type: Business
  • Space: 2199 sq ft
  • Building Type: Business Opportunity
  • Status: For Sale/Active
  • Days on Market: 157

Property Description

A Vancouver Landmark owner/operated 120 seat (incl 28 seat patio) Restaurant available. A Vancouver Institution since 1970. Centrally located along W. Broadway: Steady foot traffic, near all major transit; and surrounded by up-and-coming developments. Includes 2 large storage spaces. 4 dedicated underground parking spots, loading dock access. Pristine condition, loyal, long-term clientele, long-term supply contracts. This profitable, turn-key restaurant with gross sales of $1.2M, and Net Income $360K is ready for an owner/operator to take sales and earnings to the next level. Opportunity for Gross Sales $2.4M, and Net Income over $800K. Currently only open 8AM-4PM, licensed to stay open to 11PM (has liquor license), Franchise Plan available, Total Monthly lease $14,577.57, Lease until 2024. Includes $525,000 in equipment and inventory (including restaurant vehicle). $1.38M spent in renovations over the past 5 years. NDA Required. Own a piece of Vancouver History!!

Listing courtesy of Oakwyn Realty Ltd.

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