Business Assets Sale: An iconic establishment since 2017 nestled in the heart of Downtown New Westminster. . Boasting a loyal clientele and rave reviews, this restaurant has become a cornerstone of the community's dining scene. . Prime Location: Conveniently situated in a bustling area with high foot traffic, excellent visibility and accessibility. . Turnkey Operation: Fully equipped commercial kitchen, a cozy dining area, and a welcoming ambiance. Great Lease rate and terms, no demolition clause, Liquor license, Over $1.5 million in annual revenue, it is possible to change to any other type of food or cuisine 110 Seats
- Asking Price:
- $650,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $100K - $250K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years + 3 years options and flexible as the landlord is the Business owner.
- Leasehold Rent:
-
$156,000 (CAD) per annum
- Location:
-
55 Eighth St, New Westminster, BC, V3M 3N9 Canada
- Premises Details:
-
Fully equipped Kitchen and restaurant for 110 seat located in very high traffic downtown New Westminster beside New Westminster sky-train station and Douglas Collage and many high rise residential and commercial buildings.
- Size in square feet:
- 3,983
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Sunday, Monday 11:30 AM - 9:00 PM
Tuesday, Wednesday, Thursday 11:30 AM - 9:30 PM
Friday, Saturday 11:30 AM - Midnight
- Employees:
- 20
- Years established:
- 7 years since 2017
