Oracle Property Group

Fraser Valley's #1 Real Estate Team*

*(Based on 2024 FVREB Team Stats for 10-19 Members)

 , Central BN, Burnaby North

Central BN, Burnaby North

$1,200,000

3,485 sqft

Here is your opportunity to own a Flagship Restaurant in a highly coveted location in Burnaby. This approx. 3,320 sq ft restaurant is beautifully built out and suitable for many types of cuisine and concepts. Featuring 134 seats, a full commercial kitchen with approx. 15" ventilation, walk in cooler, liquor license, large 30 seat patio. Ideally built for Asian concepts such as BBQ or Hotpot, but can be suitable for many types of uses. Strong sales revenue of $5.5 M + annual with consistent profitability. No brand name is provided, business asset sale and lease assignment only. Basic rent is $55 PSF, with gross monthly rent estimated at approx. $23,000 per month. Subject to landlord review of buyer's concept, financial standing and credit worthiness. Restaurant concepts with other existing operations are preferred. Please do not approach any staff at the location, all showings must be coordinated through the listing agent.
Listed by Macdonald Commercial Real Estate Services Ltd..

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Here is your opportunity to own a Flagship Restaurant in a highly coveted location in Burnaby. This approx. 3,320 sq ft restaurant is beautifully built out and suitable for many types of cuisine and concepts. Featuring 134 seats, a full commercial kitchen with approx. 15" ventilation, walk in cooler, liquor license, large 30 seat patio. Ideally built for Asian concepts such as BBQ or Hotpot, but can be suitable for many types of uses. Strong sales revenue of $5.5 M + annual with consistent profitability. No brand name is provided, business asset sale and lease assignment only. Basic rent is $55 PSF, with gross monthly rent estimated at approx. $23,000 per month. Subject to landlord review of buyer's concept, financial standing and credit worthiness. Restaurant concepts with other existing operations are preferred. Please do not approach any staff at the location, all showings must be coordinated through the listing agent.

Listed by Macdonald Commercial Real Estate Services Ltd..

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Listing Details
  • MLS®: C8069994
  • Type: Business
  • Lot Size: 3,485 sqft

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