Business for sale

6289 Kingsway, Metrotown, Burnaby

$388,000 or
$388,000 or

Business for sale

6289 Kingsway, Metrotown, Burnaby

Features

Lifestyle
224954496 388000 /en/business~for-sale~metrotown-burnaby/224954496?view=Summary /en/business~for-sale~metrotown-burnaby/224954496/photos 49.2307400000 -123.0113900000 true
Zoning
BUSINESS
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
89

Description

*Showing by appointment only, do not disturb staff. * Exciting business opportunity! Profitable franchise, Grandma Liu Hot Pot is seeking franchisees! Strong business model with stable, steadily increasing cash flow. Seller is the franchisor who will provide training, recipes, and full franchisee support. Modern, open interior with custom lighting; over $400,000 was invested into leasehold improvements. Plus, the $50,000 franchise fee is included in the sale price. Royalty fee is only 3%. 1,473 sqft. Lease term until Oct 2024 with a 5 year option to renew. Reasonable rent rate. Located at Kingsway and Gilley near Metrotown and High Gate Village. Additionally, seeking franchisees for new locations, excluding Richmond and Burnaby, inquire for more information today! Contact the listing agent for more information.
MLS® Number C8049427

Listing REALTOR®

Max Chiu, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Max Chiu

REALTOR®, Personal Real Estate Corporation

Grand Central Realty

Grand Central 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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