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Turnkey Restaurant Opportunity North Vancouver For Sale

North Vancouver, British Columbia, Canada
Asking Price:
$350,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
On request

Turnkey Restaurant Opportunity. A well-established restaurant operating from a prime Central Lonsdale address is available for acquisition. This turnkey hospitality venue features a fully equipped commercial kitchen, professional ventilation system, and complete dining infrastructure, allowing a purchaser to begin operations immediately, either continuing the existing concept or introducing their own. The business has demonstrated consistent revenue growth over the past three fiscal years, reaching almost $600,000 in annual sales. The premises comprise approximately 1,100 SF on the main floor with basement storage functionally dedicated to tenant operations. Monthly occupancy cost is approximately $6,660 plus GST, representing attractive value for a Lonsdale Avenue address. The incoming purchaser will have the opportunity to negotiate a new long-term lease with no demolition clause in the initial term. Further details available upon execution of a Confidentiality Agreement. DO NOT APPROACH BUSINESS

Property Information

Real Estate:

Lease

Lease Terms:

5+5

Leasehold Rent:

$79,000 (CAD) per annum

Location:

North Vancouver Central Lonsdale

Premises Details:

This turnkey hospitality venue features a fully equipped commercial kitchen, professional ventilation. 1100sf plus very large storage

Size in square feet:
1,100