$399,000
FOR SALE

Commercial/Retail

1890 Cooper Road #1
Kelowna, BC V1Y 8B7 | Springfield/Spall

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:47421)
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Listed By Royal LePage Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10335001
Last Updated Feb 11, 2025
Property Summary
Property Type Commercial/Retail

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Neighbourhood Springfield/Spall
Price History

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Detailed Information
Lease Time Monthly
Listing Contract Date 2025-02-10
# of Parking Spaces 3
Property Type Retail
Transaction Type For sale
Zoning Unknown
Building
Type Retail
Utility Water Municipal water
Land
Total Size under 1 acre
Sewer Municipal sewage system

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