Fully equipped approximately 1,600 sq. ft. turnkey restaurant opportunity in Dawson Creek, BC. Commercial kitchen with two 8-ft exhaust hoods, walk-in cooler, cooking and refrigeration equipment, POS, dining area, office, storage and more. Approximately 2 years remaining on the current lease with a 5-year renewal option. Monthly rent is approximately $5,300 can be negotiated with landlord and includes hydro, triple net/CAM and several major operating costs. Asking only $70,000.
- Asking Price:
- $70,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $250K - $500K (CAD)
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2 years left on current lease and can be renewed for 5 years or can be renegotiated with landlord.
- Leasehold Rent:
-
$60000 per annum
- Location:
-
Supported by energy, construction, natural resources and industrial activity. The region also has planned and proposed major infrastructure and energy projects that will contribute to future growth.
- Premises Details:
-
Excellent opportunity to take over a fully equipped, established restaurant location in Dawson Creek, British Columbia. The approximately 1,600 sq. ft. premises are already set up as a restaurant with a commercial kitchen, dining area, office, washrooms and storage. A buyer can bring their own restaurant concept without having to start with an empty commercial space and undertake a major restaurant build-out. Situated in famous Alaska Highway frontage with tons of tourist traffic and tourist destination of Mile Zero.
- Size in square feet:
- 1,600
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Potential exists to introduce a new restaurant concept, expand catering and corporate/industrial orders, develop delivery and takeout sales, and target workers and contractors throughout the Dawson Creek/Peace Region market. Continued industrial and infrastructure activity in the region may provide additional opportunities for food-service operators.
- Competition / Market:
-
The location can support a wide variety of food concepts. Rather than requiring the purchaser to continue the existing concept, the turnkey setup provides flexibility to differentiate through cuisine, branding, delivery, catering and dine-in service.
- Reasons for selling:
-
Owners are pursuing other business and personal opportunities. Moved out of town.
- Trading hours:
-
Mon to Sat -11 to 8 pm. Can be changed according to operational need.
- Employees:
- 2
- Years established:
- 2022
Other Information
- Support & training:
-
Seller is willing to provide reasonable transition assistance, including equipment orientation, introductions to existing vendors and grocery suppliers, and guidance regarding business and Northern Health licensing. A permanent employee may be willing to remain with the purchaser, subject to mutual agreement.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner financing available on request.
- Furniture / Fixtures value:
- $90,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $5,000 (CAD) - included in the asking price
