1/6130 8631 ALEXANDRA ROAD, Richmond
130 8631 ALEXANDRA ROAD, Richmond, BC V6X1C3
$475,000 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
88%
About this property
Rare opportunity to acquire an established Korean fried chicken franchise in a prime Richmond location. This 1,750 sqft fully equipped restaurant offers 72 seats, including a highly desirable 22-seat outdoor patio, ideal for dine-in, takeout and delivery. Efficient operation with an established online ordering system and ongoing franchise support. Full liquor licence included, well suited for the popular chicken-and-beer concept. Ample parking, with approximately 6 years remaining on the current lease plus a 5-year renewal option. Turnkey operation with an established customer base and strong brand recognition. Ideal for an owner/operator. Showing by appointment only. Please do not disturb staff. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$28K
Annual cash flow
$1K
Cash-on-cash
0.87%
DSCR
1.05
Going-in cap
5.80%
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
106,930
Households
50,707
Median income
$79,500
Median age
45.3
Daytime population
158,136
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 130 8631 ALEXANDRA ROAD, Richmond.
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.