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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