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Business for sale

11952 Confidential, Sperling-Duthie, Burnaby

$398,666

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$398,666

Business for sale

11952 Confidential, Sperling-Duthie, Burnaby

Features

Lifestyle

Floor Area

1,570 sqft

Building Type

Street-Level Storefront

Zoning

Major Business Type

Food & Beverage

Minor Business Type

FB - Restaurant

Business Name "doing business as"

Confidential

Confidentiality Agreement Required

Yes

Description

HIGH INCOME 50 SEAT MEDITERRANEAN RESTAURANT IN NORTH BURNABY GROSSING OVER $1 MILLION/YEAR WITH CASH FLOW TO OWNER OPERATOR OF APPROXIMATELY $230,000/YEAR!! GREAT LIQUOR LICENSE THAT IS GOOD FROM 11AM TO 2AM 7 DAYS/WEEK! RENT IS $6,855.28/MONTH INCLUDING GST FOR 1,570 SQ FT OF SPACE. GREAT POTENTIAL FOR PATIO IN THE BACK OF THE RESTAURANT FOR SUMMER MONTHS AND OVEWRFLOW AS WELL AS HUGE POTENTIAL FOR CATERING AND PRIVATE PARTIES!! NDA required.

MLS^® Number C8072832

Listing REALTORS^®

Frank Pupo

REALTOR^®

RE/MAX Crest Realty

Alexander Chronakis

REALTOR^®

RE/MAX Crest Realty

Location

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Price of property $

Down payment

$ %

Mortgage amount 398,666 $

Interest rate %

Amortization years

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Payment amount $

Estimated property transfer tax

Fair Market Value $

1% of $200,000 $

2% of remaining value up to and including $2,000,000 $

3% of remaining portion over $2,000,000 $

Total Tax Payable $

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Payment amount $

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Mortgage amount $

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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Frank Pupo

RE/MAX Crest Realty

Alexander Chronakis

RE/MAX Crest Realty

RE/MAX Crest Realty

RE/MAX Crest Realty

Business for sale

11952 Confidential, Sperling-Duthie, Burnaby

Business for sale

11952 Confidential, Sperling-Duthie, Burnaby

Features

Description

Listing REALTORS®

Frank Pupo

RE/MAX Crest Realty

Alexander Chronakis

RE/MAX Crest Realty

Location

Calculate mortgage payments

Estimated property transfer tax

Calculate borrowing capacity

Listing REALTORS^®