Located in the bustling downtown area of Hope, this owner-operated restaurant offers a fantastic business opportunity with a proven annual revenue of $465,000. The restaurant boasts a prime location with a spacious 1,640 square feet interior plus an inviting patio, perfect for outdoor dining. A unique feature of this establishment is its container cold storage, specifically designed for storing kimchi, adding to its appeal. The lease is reasonably priced at $4,500 plus GST. Additionally, there is an option to add a liquor license, which could significantly boost sales and attract a broader clientele. The current owner is selling the restaurant to dedicate more time to taking care of her children, making this an ideal chance for a new owner to step in and continue its success.
- Asking Price:
- $349,888 (CAD)
- Sales Revenue:
- $465,000 (CAD)
- Cash Flow:
- $100K - $250K (CAD)
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$54,000 (CAD) per annum
- Living Accommodation:
-
Living accommodation may be available for rent in the upstairs building
- Location:
-
Prime Location in Hope Downtown
Business Operation
- Reasons for selling:
-
Seller's children needs care
Franchise Information
- Franchise opportunity:
-
Franchise Resale