Large Restaurant Space In Chinatown

www.GlobalBX.com

Listing ID: 700334774

Listing Title: Large Restaurant Space In Chinatown

Quick Link: http://www.globalbx.com/listing.asp?bId=334774

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: Canada

State / Province: British Columbia

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $9,999,999

Cash Flow: $9,999,999

Cash Flow Type: EBITDA

Year Established: 2013

Number of Employees: 6 - 9

Business Description:
Confidential listing Chinatown is releasing a fantastic Class 1 Restaurant with profitable numbers. Just under 3,000 sq/ft of operational restaurant space and a large basement area for storage. The net rent comes under $8,500 per month. This restaurant comes with a decked-out kitchen, everything a chef could want, beautiful dining area with exposed brick walls, small patio area and a finished cocktail bar. Completely functioning restaurants in Chinatown rarely come up that are this good. Serious buyers only will be given the name and location of the restaurant, once an NDA has been completed. No demo clause during the first term of the lease. Licensed for approximately 100 Food primary seats, that can be operated until 1AM most night, except Friday/Saturday nights where you can serve to 2PM. Asking $370,000 obo LEASE Size: +/- 3,000 square feet Net Rent: $8,500/month Expires: 2023 Renewal: 2 x 5 years INCLUDES Furniture, fixtures, leasehold improvements For further information, please contact Shane Morck at 604 396 2074 for the non-disclosure agreement.



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