$499,000 FOR SALE

Business for Sale

Restaurant

Total Area: 1,589 ft2

123 Confidential Avenue
North Vancouver, BC V0V 0V0

This busy restaurant is situated in desired lower Lonsdale in North Vancouver . This high volume kitchen is doing over $1,000,000 in sales per year and increasing. The business has grown about 45% since opening in November. The restaurant has built a following on social media and has amazing reviews and over thousands of customers interactions. Locations has a completely new build-out with last generation ventilation system, with reno cost close to $1Million, it is outfitted with a well thought out commercial kitchen. Newly built 1 yr ago at the highest standards in the industry. A lot of storage space, including last generation HAVC, plumbing, etc. Amazing monthly rent is $7,718 all in with 7 years remaining plus another 3 year renewal option. Lots of added value with a desert line and gelato generating an extra six figures during the summer and opportunity for patio as well. Opportunity to add more seats upon a new review and a new application . Take advantage of this newly built restaurant location! (id:47423)

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Listed By RE/MAX Real Estate Services
Data Provided By Greater Vancouver REALTORS®
MLS® Listing Number C8057625
Last Updated Mar 12, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Price History
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Detailed Information
Total Area 1,589 ft2
Property Type Business
Transaction Type For sale
Zoning Description C1
Business
Business Type Restaurant
Business Subtype Restaurant
Building
Land
Total Size 1589 square feet
Size of Irregular Land 1589

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