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Commercial Sale

$1,999,000

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Price

$1,999,000

Property Description

An exceptional opportunity to acquire one of Vancouver Island’s longest established and most successful independent restaurants. Operating for nearly 60 years, this turnkey business has built a loyal customer base and strong reputation. The sale includes the land, building, and business, offering immediate cash flow with no lease concerns. Extensive equipment upgrades have been completed, and an experienced team of 20–25 staff is in place for a smooth transition. Two self-contained 1-bedroom suites provide additional rental income potential. With over 95% of revenue from takeout and delivery, seating for approximately 50 guests, can also add liquor license to boost sales, and no third-party delivery currently offered, there is significant room for growth. An outstanding opportunity for an owner-operator or investor seeking a profitable business with real estate included.

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Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1046310
Property Type: Commercial Sale
Property Subtype: Business
Status: Active
Lot Size: 0.19 acres
Area: Port Alberni - PA Port Alberni
Days on Market: 4 days

Additional Property Details

Cooling: Air Conditioned

Property Features & Amenities

Features: Other

Parking & Land Details

Parking Spaces: 15
Land Size: 8500 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 8500
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1046310

Property Location

Listed by RE/MAX Mid-Island Realty

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