Business For Sale · Retail

12254 CONFIDENTIAL, Vancouver

12254 CONFIDENTIAL, Vancouver, BC V0V0V0

$238,000 total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

96%

Lot Size

0.03581267217630854 ac

About this property

Exceptional opportunity to acquire a turnkey restaurant in Vancouver's vibrant West End.The revenue has strong upside-during the summer season, it can reach up to approximately $1.7M annually. This well-known upscale establishment specializes in handmade, colorful Chinese fusion soups and a wide variety of dim sum, offering a unique, interactive dining experience where guests can watch chefs craft featured dishes in full view. Ideally located in a high-exposure, high-traffic area, this 1,560 sq. ft. space features a highly functional layout with two separate L-shaped dining areas and an 18-foot commercial hood. The configuration is well-suited for continued operation or conversion to a new cuisine concept. Rear parking is available, plus ample street parking for customers. Reason for sale is personal circumstances. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$238K
Down payment30% · $71K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$4K

Cash-on-cash

4.93%

DSCR

1.27

Going-in cap

7.02%

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

74,052

Households

28,477

Median income

$76,500

Median age

42.2

Daytime population

107,913

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 12254 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.