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Adrienne’s Restaurant | Cordova Bay, Victoria BC For Sale

Victoria, British Columbia, Canada
Asking Price:
$695,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,800,000 (CAD)
Cash Flow:
$250K - $500K (CAD)

Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria’s most desirable seaside communities.

Adrienne’s Restaurant, established in 1957, is a beloved local institution located at the iconic Mattick’s Farm, drawing steady traffic from both locals and tourists year-round.

The business occupies approximately 3,000 sq ft and operates three complementary revenue streams under one roof: a full-service restaurant, a high-volume café and bakery, and a popular ice cream parlour.

This diversified model has allowed the business to remain consistently profitable for years, providing great returns for the owners.

The restaurant is fully licensed with seating for up to 86 guests, plus a recently expanded 650 sq ft licensed patio.

A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor.

The business benefits from excellent on-site parking (30+ stalls directly in front plus ample complex parking) and a prime location within a nearly 5-acre retail destination anchored by Red Barn Market, Liquor Plus, mini-golf, and numerous boutique retailers.

The property is directly across from Cordova Bay Golf Course and offers quick access to the Pat Bay Highway.

Please do not approach staff or ownership directly.

Property Information

Real Estate:

Lease

Lease Terms:

Approx $9,000 per month.
Current term expires in 2027. The landlord will do a new head lease with next operator.

Location:

Located at Matticks Farm in Cordova Bay, which is an affluent seaside community in Victoria BC.

Premises Details:

3000 SQ FT + 650 SQ FT Licensed patio.

Size in square feet:
3,000

Business Operation

Expansion Potential:

The business has never offered a dinner service; this has the potential to greatly increase profits.

Competition / Market:

Very limited competition due to the neighbourhood location.

Reasons for selling:

Retirement.

Trading hours:

7 days a week
7:30am - 5:30pm

Employees:
20-30
Years established:
60 + years

Other Information

Support & training:

Full management in place and transition training available.