1890 Cooper Road Unit# 1, Kelowna, British Columbia V1Y 8B7

Listed for:
$399,000
0 beds
0 baths
Listed 46 days ago
Retail for rent: 1890 Cooper Road Unit# 1, Kelowna, British Columbia V1Y 8B7

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Learn more about this property
Listing provided by:
Royal LePage Kelowna
MLS® number:
10335001
Agent:
Sam Belete
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About

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:27476)

Property Highlights

MLS® Number
10335001
Type
Retail
Land Size
under 1 acre
Parking Space Total
3

Building

Building Type
Retail
Square Footage
1215 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Street Spotlight - For sale