For Sale · Hospitality

415 Victoria Road Unit# A, Revelstoke

415 Victoria Road Unit# A, Revelstoke, BC V0E2S0

$500,000 total

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Asset Class

Hospitality

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

88%

Year Built

1977

Lot Size

0 ac

About this property

Attention entrepreneurs, restauranteurs and hospitality professionals! A rare opportunity to acquire Terravita Kitchen, one of Revelstoke’s most beloved and recognizable farm-to-table cafes. Since opening in 2020, Terravita Kitchen has built a loyal following for its baking, fresh soups, sandwiches and salads, and exceptional coffee, becoming a go-to destination for locals and visitors. Strong year-over-year sales growth and an established customer base provide a solid foundation for a new owner-operator to step into a proven concept with continued upside. The cafe features a large, modern open kitchen designed for efficiency and creativity, offering flexibility for a new owner to expand the concept. Opportunities exist to introduce dinner service, grow catering operations, host private events or cooking classes, and further capitalize on Revelstoke’s busy four-season tourism economy. Located on one of Revelstoke’s primary arterial routes, the business enjoys excellent visibility, strong daytime traffic, and convenient access just minutes from the downtown core. With profitable operations, an established reputation, loyal clientele, and a concept perfectly aligned with Revelstoke’s love of local agriculture and fresh food, Terravita Kitchen represents a turnkey cafe opportunity with significant room for growth in one of British Columbia’s most dynamic mountain communities. (id:66811)

Financial sandbox

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Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$-1K

Cash-on-cash

-0.76%

DSCR

0.96

Going-in cap

5.31%

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

56,254

Households

20,396

Median income

$99,500

Median age

31.2

Daytime population

58,611

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 415 Victoria Road Unit# A, Revelstoke.

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.