1700 Confidential, Delta, British Columbia V0V 0V0

Listed for:
$299,000
0 beds
0 baths
Listed 164 days ago
1700 Confidential, Delta, British Columbia V0V 0V0

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Listing provided by:
Amex Broadway West Realty
MLS® number:
C8056140
Agent:
Kenny Pappas
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About

Huge Opportunity to own a profitable "turnkey" Greek Restaurant. Beautifully decorated and newly painted with new tables and chairs, carpets, patio and a Fully Vented Commercial Kitchen, 13' commercial hood and walk-in cooler, POS, Liquor License, 2,229 SQ FT premises with 68 dining room seats and a 30 seats patio. Liquor license from 11:00AM until 1:00AM for dining room and patio. The restaurant has historically operated 5 days/week for dinner and 3 days for lunch. With it's close proximity to a Hotel and Casino and expanded hours, the upside potential is double or triple the current annual revenue. The restaurant also has a 30 seat private room that could be utilized for business meetings or private parties. New lease 5+5 years lease available with no demo clause. Current Gross rent is $4,550/m, include NNN. Call listing agent for details. (id:27476)

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Summary

Here is a fantastic opportunity to acquire a profitable Greek restaurant that is ready to go. The restaurant has been recently renovated with new furnishings, including tables and chairs, as well as new carpets and a patio. It also features a fully vented commercial kitchen with a 13' commercial hood and walk-in cooler, a POS system, and a liquor license. The premises cover 2,229 square feet and can accommodate 68 guests in the dining room and an additional 30 on the patio. The liquor license allows for service from 11:00AM until 1:00AM in both the dining room and on the patio. Historically, the restaurant has operated for dinner 5 days a week and for lunch 3 days a week.

Due to its close proximity to a hotel and casino, there is significant potential for increased revenue by extending operating hours. Additionally, the restaurant has a private room with seating for 30, which could be used for business meetings or private events. A new lease of 5+5 years is available, and there is no demo clause. The current gross rent, including NNN, is $4,550 per month. For more information, please contact the listing agent. (id:27476).

This property is currently on the market for sale and is located at 1700 CONFIDENTIAL in Delta, British Columbia. The postal code for this property is V0V0V0.