- ©MLS 10335001
- Area 1215 sq ft
- Parkings 3
Description
This well established Exotic restaurant is an exceptional value. Currently, the business enjoys a strong clientele, with a reputation for high-quality fresh dining. Originally a 24-seat restaurant, the venue has expanded by adding an additional 30 outdoor seats with a covered and heated space, for use all year round. Owner further wants to add another 25 seats by building a mezzanine floor. The restaurant is equipped with modern, state-of-the-art kitchen equipment (established 2022), and offers the potential to provide catering services, delivery systems and other growth opportunities. Located in a high-traffic area surrounded by offices, the restaurant sees a busy lunchtime trade, catering to both dine-in patrons and takeaway orders. With only five days of operation per week, the opportunity to expand to seven days can increase revenue. Surprisingly it's also a buys evening dine in venue with many prominent clientele. Priced at only $379,000, this is an opportunity that offers incredible value. It will cost more than asking price to establish such a restaurant in 2025. With rent at just $3,570 per month, all-inclusive, out ads to the value. PS: Sale is on asset, and not Brand and inventory. Documents, a list of equipment, and further details will be provided upon signing of an NDA. This is truly a once-in-a-lifetime opportunity for the right buyer. SELLER VERY MOTIVATED. PERFECT FOR TURKISH/ PERSIAN RESTAURANT, but anything will go well. (id:48970) Show More
Details
- Property Type: Retail
- Type: Retail
- Neighbourhood: Springfield/Spall
Location
Similar Properties
For Sale
$ 69,800 $ 41 / Sq. Ft.
- 10333988 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 199,000
- 10349367 ©MLS
- 0 Bedroom
- 0 Bathroom
For Sale
$ 130,000
- 10353827 ©MLS
- 0 Bedroom
- 0 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Okanagan-Mainline Real Estate Board