Business for sale

11154 Confidential, Kitsilano, Vancouver

$850,000 or
$850,000 or

Business for sale

11154 Confidential, Kitsilano, Vancouver

Features

Lifestyle
224965477 850000 /en/business~for-sale~kitsilano-vancouver/224965477?view=Summary /en/business~for-sale~kitsilano-vancouver/224965477/photos 49.2682100000 -123.1460600000 true
Year Built
1912
Floor Area
3,165 sqft
Building Type
Low Rise (2-4 storeys), Street-Level Storefront
Zoning
C-2B
Amenities
Storage
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
Business Name "doing business as"
Kitsilano Restaurant!!
Confidentiality Agreement Required
Yes
99

Description

Iconic 55 seat restaurant with 19 seat covered patio in prime strategic Kitsilano location grossing approximately $1.7 million/year operating limited hours with potential to reach $2.5 million/year by simply extending hours!! This well known restaurant has been serving the Kitsilano community for 37 years and has a strong following. This kitchen is only 10 years young with the best of the best equipment and plenty of stainless steel!! The space is 1,965 sq ft of restaurant space plus 1,200 sq ft of storage space below the restaurant which has 2 walk-in coolers and 1 walk-in freezer. There are 2 parking stalls for the owner, 1 is included in the lease plus another association to an adjacent property. Extreme discretion required. All parties to sign an nda.
MLS® Number C8060408

Listing REALTORS®

Frank Pupo, REALTOR<sup>®</sup>

Frank Pupo

REALTOR®

RE/MAX Crest Realty

RE/MAX Crest Realty,
Alexander Chronakis, REALTOR<sup>®</sup>

Alexander Chronakis

REALTOR®

RE/MAX Crest Realty

RE/MAX Crest Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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