12202 CONFIDENTIAL Street, Vancouver - Business for Sale
12202 CONFIDENTIAL Street, Vancouver, British Columbia, V0V0V0
This business in Vancouver is for sale offering roughly 3,500 sq ft of space.
Description
Profitable, high-volume sports bar & grill in downtown Vancouver's entertainment district. 25 years in business, with loyal base of repeat customers. The venue is 3,500 sq. ft. With two bars, a walk-in cooler and freezer, and a draft system with 40 beers on tap. The commercial kitchen is equipped & designed for high-traffic service. The liquor licence permits 130 seats inside and 30 on the patio, with service from 9AM to 3AM. Hours support strong lunch, dinner, late-night, and event revenue. Annual sales are near $3 million, supported by steady traffic, sporting events, & a location in one of the busiest nightlife corridors in Vancouver. With Vancouver hosting the FIFA World Cup, the business is positioned to benefit from increased tourism. The lease is $22,000 per month, with 1 year remaining & a 5 year option. Fully operational and staffed, allowing a buyer to step in and continue generating revenue immediately. Rare opportunity to acquire a high-performing bar in a prime downtown location. (id:66096)
Property Details
- MLS®
- C8078189
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- C1
- Interior Size
- 3,500 ft²
- Listed
- 195 days ago
Market Timing
Long Listed: 195 days on market, against an average age of 93 days across the listings currently for sale in this city
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Location
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$849,800
Vancouver