501 - 899 West Pender Street, Vancouver, BC

2,048 ft²

Retail / Other

$349,500

Sale

CONFIDENTIAL RESTAURANT LISTING The Brokerage office address is used. This fish and chips restaurant has a proven business model operating successfully in Fraser Valley Region for over 20-years. It has served up to four generations of families as customers over the years. Personalization is key for the business, with customer satisfaction driving its service excellence thathas led to exceptional customer retention. The business can further expand its revenue stream by operating as a franchisor, offering franchise opportunities to interested parties. The business has an excellent location, which is accessible to customers, suppliers and staff members. The Fraser Valley Region is growing significantly, including a new residential property with 150 units that is set to open nearby in 2022, potentially bringing a large contingent of possible customers. The premises had fit-out valued at $250,000, which enables the new owner to operate the business without the requirement for significant plant and equipment investment. The business has an excellent lease term of three years with an option to extend a further five years.