Business For Sale · Retail

916 COMMERCIAL DRIVE, Vancouver

916 COMMERCIAL DRIVE, Vancouver, BC V5L3W7

$109,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

97%

About this property

Seize the rare opportunity to acquire Bump n Grind Cafe, a thriving and deeply rooted community staple located in the heart of Vancouver's vibrant Commercial Drive. This turnkey operation spans approximately 1,248 sq. ft. of inviting, character-filled space, featuring licensed seating for 16 guests indoors and an additional 4 on the charming street-side patio. The business demonstrates strong and consistent financial performance & addition to the cafe operation, the business features a curated retail component, selling thrift items and showcasing local artwork, earning approximately 30% commission on consigned items. Situated in one of the city's most walkable and high-traffic neighborhoods, the cafe benefits from exceptional visibility and a reputation as a neighborhood hub, offering a new owner a robust foundation with significant potential for continued growth. (id:66811)

Financial sandbox

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Estimate
Purchase price$109K
Down payment30% · $33K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$503

Projected NOI

$8K

Annual cash flow

$2K

Cash-on-cash

5.17%

DSCR

1.28

Going-in cap

7.09%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

121,480

Households

55,491

Median income

$90,000

Median age

45.7

Daytime population

181,448

5-yr growth

6.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 916 COMMERCIAL DRIVE, Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.