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Profitable Cafe In West Vancouver Urgently For Sale

Vancouver, British Columbia
Asking Price:
$79,900 (CAD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
$100K - $250K (CAD)

Established business (since 2005) for sale in West end of Vancouver, within walking distance from UBC. Interior renovated 2 month ago. One of the most well known family places and popular kids play area in Vancouver. Open 7 days a week. High brand awareness via website and social media. Working contracts with the delivery companies. Regular supplies to the local grocery shop. Next door to park, community centre, Cinema and library. New development project of London drugs store across the street will bring more business in this fall.

Lease is $6,150 all in, with 2 years remaining on the existing term plus 3 years option to renew. Total square footage -1,500 sqft. includes 30 seats room, kids play area and a large kitchen. Small front outdoor patio.

Priced to sell quickly. The owners relocate out of city.

Please complete the contact seller form for appointment.

Property information

Real Estate:

Lease

Lease Terms:

2+3 optional , landlord is very supportive

Lease Rent:
$25 (CAD) per sq ft per annum
Location:

On a main street in Dunbar area , close to Dunbar cinema, next door (2 minutes walking) to the community park and Dunbar community center

Size in square feet:
1,500

Business Operation

Expansion Potential:

People traffic increases during spring-summer time +20-40% to revenue
New building (residential + London Drugs) across street +40-50% - from October 2018
Approved project to cooperate with Dunbar cinema +400 potential visitors/day
Crafting and art classes for kids

Competition / Market:

Small Starbucks shop 300 meters up the street

Reasons for selling:

Relocating out of city on job offer

Trading hours:

9am - 5 pm Mon-Fri
10am - 5 pm Sat, Sun

Employees:
6
Years established:
13

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$97,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD)
Website:
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Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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