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.
Property Details
MLS #:
1046310
ID #:
31929793
Type:
Commercial Sale
Sub-Type:
Business
Area:
Port Alberni
Sub-Area:
PA Port Alberni
Status:
Active
Lot Size:
0.19 acres
Days on Market:
16 days
Listing provided by RE/MAX Mid-Island Realty
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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