F16 4567 Lougheed Highway, Brentwood Park, Burnaby

$275,000 |   MLS® Number  C8056486

Business for sale in Brentwood Park, Burnaby, Burnaby North, F16 4567 Lougheed Highway, 224961555 | Realtylink.org

Business for sale

Floor Area
401 sqft
Zoning
BUS
Major Business Type
Food & Beverage
Minor Business Type
FB - Fast Food
Business Name "doing business as"
Good Taco
Business Operating Since
2022
Confidentiality Agreement Required
Yes
85

Here is a great opportunity to expand your restaurant brand prescence with a busy food court location at Brentwood Mall in Burnaby BC. 401 SQ Ft kiosk with current rent is approx $16,000 per month ($400 PSF base rent, plus percentage rent over applicable revenue). 10 year lease term expiring in 2032 with option to renew. Currently operating at a Mexican Fast Casual concept with venting, but could be converted to your own concept (subject to landlord's approval of the concept). There is also an option to purchase with the existing brand but additional franchise fees & approval from franchisor would be required. Currently revenue approx $50,000 per month. Central food court location with many anchor tenants in the mall including movie theatre & the Rec Room. Ability to expand revenue through 3rd party delivery and take out. Confidential listing - do not approach staff directly, NDA required for more information. Serious buyers only - and buyer's must have an existing restaurant & business plan to proceed.