Chris Doehner | 1042 - Restaurant Row on 4th Street SW – $49,900


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1042 - Restaurant Row on 4th Street SW – $49,900

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1042 - Restaurant Row on 4th Street SW – $49,900

This restaurant is in the heart of restaurant row on 4th Street SW in Mission. It’s fully equipped with an open kitchen and has male and female washrooms. It’s an ideal location for any concept such as a bistro, restaurant or wine bar. It would be a great spot for a “ghost” kitchen to cater to the apartments and condos in the area but still have a few seats in the house. Lots of millennials and walk-by customers!

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business information:

Gross Sales: $383,000 IN 2019
Size in sq. ft.: 800 sq. ft.
Number of Seats: 30
Number of Parking Stalls: On-street and in the neighbourhood
Style of cuisine: Japanese and Italian (new owner can change concept)
Customer Demographics: Wide range of ages; business people; locals from surrounding apartments and condos; millennials
Type of service: Table
Hours of operation: A new owner can set their own hours
Number of employees: 6 plus owner

Leasing information:

Rate per sq. ft.: Base rent is $3,000 per month; total gross monthly rent approx. $4,700 which includes rent, CAM and GST.
C.A.M.: Included in above monthly amount
Lease Term: 5 years left 
Option Periods:  To be verified
Deposit held by Lessor: 1 Month
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.