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Listed by Manbir Narang RE/MAX Mid-Island Realty
$ 1,999,000
Est. payment | /mo
5,133 SqFt
$ 1,999,000
Est. payment | /mo
5,133 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,133 sqft
Price per Sqft $389
MLS Listing ID 1046310
HOA Y/N No
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Business
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.
Location
Province BC
County Port Alberni, City Of
Community Pa Port Alberni
Area Port Alberni
Interior
Cooling Air Conditioning
Inclusions Electric, Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Parking, Real Estate, Trade Name(s)
Fireplace No
Exterior
Exterior Feature Security System, Sign: Lighted
Parking Features On Site
Garage Spaces 15.0
View Y/N No
Total Parking Spaces 15
Garage No
Building
Lot Description Easy Access
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold
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