Business For Sale · Retail

11757 CONFIDENTIAL, Vancouver

11757 CONFIDENTIAL, Vancouver, BC V0V0V0

$99,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

92%

About this property

Fully renovated ready to operate great restaurant 1,971 sq. ft. of turnkey restaurant space featuring a liquor license and no demolition clause, offering excellent long-term potential for an operator or investor. The premises is equipped with an 8.2 ft commercial hood, grease trap, walk-in cooler, and walk-in freezer. Modernized interior and well-equipped kitchen provide an ideal setup for a variety of food concepts. Prime downtown location with strong exposure and excellent surrounding amenities. A rare opportunity to take over a fully renovated, professionally equipped restaurant space in one of Vancouver's most desirable locations. Training and transition support provided. suitable for indian, fusion or food concepts. (id:66811)

Financial sandbox

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Estimate
Purchase price$99K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$457

Projected NOI

$6K

Annual cash flow

$708

Cash-on-cash

2.38%

DSCR

1.13

Going-in cap

6.26%

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

127,580

Households

44,751

Median income

$87,000

Median age

43.6

Daytime population

182,375

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 11757 CONFIDENTIAL, 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.