1890 Cooper RD #1 Active

Kelowna,BC V1Y8B7

$ 399000

- Bed

0 Bath

1215 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,215 sqft

Price per Sqft $328

Subdivision Springfield/Spall

MLS Listing ID 10335001

Originating Board Association of Interior REALTORS®

Property Description

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. Priced at only $399,000, 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, the location provides a cost-effective advantage that is difficult to match. Please note the sale only includes asset, and not the brand and trademark. Brand and Inventory would be additional. Full financials, a list of equipment, and further details will be provided upon signing of a non-disclosure agreement and after touring the restaurant. This is truly a once-in-a-lifetime opportunity for the right buyer. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Sewer Municipal sewage system

Others

Acceptable Financing Monthly

Listing Terms Monthly

View More
Favorite Go Tour