Business For Sale · Retail

895 GIBSONS WAY, Gibsons

895 GIBSONS WAY, Gibsons, BC V0N1V8

$759,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

Exceptional opportunity to acquire Won Japanese Restaurant, a well-established sushi restaurant at 895 Gibsons Way in beautiful Gibsons on the Sunshine Coast! Located along a major commercial corridor, this popular restaurant enjoys excellent accessibility, local recognition and an established customer base. Currently operating approximately four evening hours, from 4:30 to 8:30 PM, with regular days off and holiday closures, it offers an appealing work-life balance. Monthly gross rent is approximately $5,000, with about four years remaining on the lease. Features include an equipped commercial kitchen and liquor licence. A new owner could explore lunch service, extended hours, expanded takeout and delivery, and catering opportunities. Gibsons offers spectacular coastal scenery, a welcoming community and convenient ferry access to Metro Vancouver. An excellent opportunity for an owner-operator or family seeking an established business and a distinctive coastal lifestyle. Contact the listing agent for priv (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$759K
Down payment30% · $228K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$34K

Annual cash flow

$-8K

Cash-on-cash

-3.48%

DSCR

0.81

Going-in cap

4.50%

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

46,318

Households

18,881

Median income

$113,000

Median age

31.5

Daytime population

76,175

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 895 GIBSONS WAY, Gibsons.

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.