273 Lonsdale Avenue, Lower Lonsdale, North Vancouver

$455,000 |   MLS® Number  C8063039

Business for sale in Lower Lonsdale, North Vancouver, North Vancouver, 273 Lonsdale Avenue, 224968108 | Realtylink.org

Business for sale

Floor Area
1,589 sqft
Building Type
Mixed Use
Zoning
C1
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
96

A recently built modern restaurant situated in North Vancouver's desired Lower Lonsdale, including a state-of-the-art kitchen and all new equipment, operating at around $1 million in sales per year, with a great chance of doubling that amount by expanding the hours and adding more seats (new application necessary). Licensed patio also accessible. This site has a high-capacity kitchen that can accommodate all its dine-in customers as well as customers using all channels, including Door Dash, Skip, and Uber. Completely remodeled dining and bar area, with furniture, the complete project cost around $1 million. With a monthly rent of $7,718 and over 2400 square feet of premium retail space (around 1750 square feet on main, and 650 sf storage), this lease has seven years left on it with a three-year renewal option. Social media, high traffic website, thousands of online followers and great customer reviews are all part of the sale package; IP included. NDA required, please do not approach staff or management.