$1,599,000
Est. payment /mo
3,902 SqFt
Price Dropped by $151K
Out Of Province_alberta, BC
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,902 sqft
Price per Sqft $409
MLS Listing ID A2294970
Year Built 1980
Property Sub-Type Retail
Property Description
EXCEPTIONAL OPPORTUNITY to acquire a HIGHLY PROFITABLE,TURNKEY DESSERT CAFE in a PRIME HIGH-TRAFFIC LOCATION! This well-established business offers approximately 3,900 SQFT of beautifully designed space with a FULL DINING EXPERIENCE,attracting a loyal and growing customer base. Generating ~$2.4M in annual sales with an approximate net profit of ~$500K,this operation is ideal for an INVESTOR or OWNER-OPERATOR seeking strong,proven cash flow. Currently investor-owned and operated with no day-to-day involvement from the owners,making it a true passive-style investment or an opportunity for an owner-operator to further enhance profitability. The cafe is fully equipped with modern fixtures and equipment,allowing for seamless transition and immediate operations. Current lease is secured until 2032 with an option to renew,providing long-term stability. The business is out-of-provinceand located in British Columbia. Up to 70% financing may be available (subject to lender approval),with approximately $600K required as down payment. SERIOUS BUYERS ONLY – proof of funds required prior to disclosing any business information. Rare opportunity to own a high-performing business in a sought-after location.
Location
Province BC
Interior
Inclusions As per equipment List
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval,Lease Restriction
Listed by RE/MAX Real Estate (Mountain View)
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