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Charming Fully Renovated & Award - Winning Restaurant
Location: Canada -> British Columbia -> West Vancouver
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

PRICE DROP! $199,000

One of the more established areas of West Vancouver, this charming seaside stroll is full of artisan shops, groceries and restaurants.
+/- 100 seat restaurant with outdoor patio

This award winning, fully renovated restaurant is for sale in West Vancouver. Over $100,000 in new equipment was installed. $150,000 in leasehold improvements; including new flooring, plumbing, and electrical. Bring your own concept or continue with the existing concept.
West Vancouver is letting go of an absolute gem of a restaurant. With around 100 and a patio with water views, this restaurant is prime for summer and ongoing revenue. This restaurant space has seen numerous award-winning chefs start their own concept, so the kitchen has been up for their craft.

Asking Price: $224,900

LEASE
Size: +/- 1,700 sq ft
Net Rent: $4,972.92/month
Deposit: $7,384.79
Expires: March 31st, 2021
Renewal: 3 x 5 years

LICENCE DETAILS
- 9AM to midnight, everyday
- Seats +/- 100
- Food primary liquor licence

INCLUDES
- Furniture, fixtures, equipment, leasehold improvements, parking stalls

WEST VANCOUVER
Located one block off the water, this portion of Marine Drive lies just west of its sister village, Ambleside. Dundarave was the first established neighbourhood in West Vancouver and continues to be admired for its charm and village like setting, pleasing both locals and visitors alike.

Please contact Chris van Vliet of Vancouver Restaurant Brokers at 604.307.8700 to receive further information regarding this opportunity.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $999,999
Cash Flow:   $999,999
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700313895
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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