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$849,800
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Food & Beverage
Listing Status Active
Purchase Type Asset
MLS Listing ID C8078189
Property Sub-Type Food & Beverage
Property 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.
Location
Province BC
Community Downtown Vw
Area Vancouver West
Zoning C1
Others
Ownership Leasehold
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