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High Income 50 Seat Restaurant In Burnaby For Sale

Burnaby, British Columbia, Canada, ID 148361

High Income 50 Seat Restaurant In Burnaby For Sale 1
High Income 50 Seat Restaurant In Burnaby For Sale 1
Asking price:
CAD$4 888 800
Cash Flow (per year): $230 000 cad
Sales Revenue: $1 100 000 cad
Owner
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Description

Business type: Mediterranean restaurant

Location: North Burnaby, British Columbia

Current status: established operating business

Operating setup: turnkey

Financial information

Annual sales: more than $1.1 million

Potential owner-operator cash flow: approximately $230,000 per year

Premises

Restaurant size: 1,570 sq. ft.

Seating capacity: 50

Recent renovation: completed

Additional storage space: available at extra cost

Lease

Monthly rent: $6,855.28

GST: included in stated rent

Licensing

Liquor licence: primary

Licensed liquor service hours: 11:00 am to 2:00 am

Licensed operating days: 7 days per week

Customers

Customer base: established

Market presence

Business reputation: established

Operations

Cuisine: Mediterranean

Immediate continued operation: possible

Further information

Non-disclosure agreement: required

Showings: Monday and Tuesday mornings

Details

Real Estate: Lease
Square m2: 146
Asking price: 4 888 800 cad
Cash Flow (per year): 230 000 cad
Sales Revenue: 1 100 000 cad
Rent (per year): 82 260 cad

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