Established Restaurant With Building In Vancouver Island For Sale

Description

Massive underutilized building featuring an iconic family-run restaurant located in Nanaimo. The business has been operating for over 35 years and has built a loyal customer base and strong community reputation.The restaurant offers 120 seats plus an extended patio, a liquor licence, and a full commercial kitchen with equipment capable of handling high-volume catering operations.The business has received numerous awards and has been featured on television programs and various vlogs. The property includes a brand-new roof, and an environmental report has been completed.The original owners are ready to retire, creating an opportunity to acquire a turnkey operation with significant upside potential. The area is experiencing substantial redevelopment, providing additional growth opportunities.Please do not approach staff.Attractive vendor financing available.This property must be purchased together with the neighbouring property; however, the sellers are willing to delay payments. The asking price for the neighbouring property is $450,000.