This well established Exotic restaurant is an exceptional value. Currently, the business enjoys a strong clientele, with a reputation for high-quality fresh dining. Originally a 24-seat restaurant, the venue has expanded by adding an additional 30 outdoor seats with a covered and heated space, for use all year round. Owner further wants to add another 25 seats by building a mezzanine floor. The restaurant is equipped with modern, state-of-the-art kitchen equipment (established 2022), and offers the potential to provide catering services, delivery systems and other growth opportunities. Located in a high-traffic area surrounded by offices, the restaurant sees a busy lunchtime trade, catering to both dine-in patrons and takeaway orders. With only five days of operation per week, the opportunity to expand to seven days can increase revenue. Surprisingly it's also a buys evening dine in venue with many prominent clientele. Priced at only $379,000, this is an opportunity that offers incredible value. It will cost more than asking price to establish such a restaurant in 2025. With rent at just $3,570 per month, all-inclusive, out ads to the value. PS: Sale is on asset, and not Brand and inventory. Documents, a list of equipment, and further details will be provided upon signing of an NDA. This is truly a once-in-a-lifetime opportunity for the right buyer. SELLER VERY MOTIVATED. PERFECT FOR TURKISH/ PERSIAN RESTAURANT, but anything will go well. (id:23267)
MLS® Number | 10335001 |
Property Type | Retail |
Neigbourhood | Springfield/Spall |
Parking Space Total | 3 |
Size Interior | 1,215 Ft2 |
Type | Retail |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Total Text | Under 1 Acre |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27904824/1890-cooper-road-unit-1-kelowna-springfieldspall
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