Business For Sale · Retail

189 W BROADWAY, Vancouver

189 W BROADWAY, Vancouver, BC V5Y1P4

$195,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

Lot Size

0.08078512396694215 ac

About this property

Excellent opportunity to own a profitable Indian restaurant in Vancouver! Offering approximately 50 seats, this turnkey operation features a fully equipped commercial kitchen with a 9-foot commercial exhaust hood and an existing liquor licence. Ideal for an owner-operator looking to step into an established restaurant business with the infrastructure already in place. Enjoy reasonable monthly rent and the opportunity to secure a longer-term lease. Great potential to continue operations and grow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$195K
Down payment30% · $59K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$900

Projected NOI

$9K

Annual cash flow

$-1K

Cash-on-cash

-2.42%

DSCR

0.87

Going-in cap

4.81%

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

90,699

Households

31,814

Median income

$104,500

Median age

43.4

Daytime population

89,419

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 189 W BROADWAY, 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.