Lower Mainland Location.Well located in a high developing condo area close to new metro station. Excellent long term staff: Restaurant seats 120 guests in total. Minor renovation required.Buyer must have a net worth of at least $1,500,000: Training and transfer fee is $30,000.Cash Flow to owner operator $160,000 per annum
- Asking Price:
- $695,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $160,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 years with 5 year renewal and addional 5 year option to be advised.
- Leasehold Rent:
-
TBA per annum
- Living Accommodation:
-
None
- Location:
-
Busy location, Busy Street, Numerous highrises nearby, Skytrain nearby too
- Premises Details:
-
Approximately 5000 sqft. Parking below.Seats 120 guests.
- Size in square feet:
- 5000 sqft approximately
Business Operation
- Management type:
- This business is owner operated.
- Competition / Market:
-
Other restaurants nearby
- Reasons for selling:
-
Other interests
- Trading hours:
-
11AM to 12 AM Daily
- Employees:
- 25 Approximately
- Years established:
- 25 years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
TBA
