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$ 350,000
Est. payment | /mo
$ 350,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Food & Beverage
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079206
Property Sub-Type Food & Beverage
Property Description
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 Agr.- DO NOT APPROACH BUSINESS
Location
Province BC
Community Central Lonsdale
Area North Vancouver
Zoning C-1A
Interior
Heating HVAC System
Cooling HVAC System
Appliance Cooler, Freezer
Others
Restrictions See Remarks
Ownership Other
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