Opportunity Knocks! This is your chance to own a well-established and highly successful pizza business in the vibrant heart of Lumby, BC. Known for its delicious pizza and as a beloved local favourite, especially for school-time lunches, this business enjoys a steady stream of loyal customers and significant foot traffic. Boasting an impressive 3-year normalized cap rate of 6.24%, this business offers consistent and reliable returns, making it a smart investment in any market. The turnkey opportunity includes not just the business and all necessary equipment but also the building itself, giving you full control of the property. Additionally, a spacious 2-bedroom suite above the business provides the perfect setup for an owner-operator or could be used to house an employee, adding even more convenience and value to this already lucrative investment. Situated in a prime, high-traffic location in Lumby, this business benefits from both its central position in a growing community and a solid, established customer base. With a proven track record of success, this opportunity is ideal for those looking to step into a profitable, low-risk venture in a thriving market. Whether you are an experienced restaurateur or a first-time business owner, this is your chance to make a stable, profitable investment with long-term potential. (id:47421)
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Listed By
Real Broker B.C. Ltd, Royal LePage Downtown Realty
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Detailed Information
Listing Contract Date
2025-02-17
Municipal ID
004-495-071
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Other
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1945
Exterior Finish
Stucco
Heating Type
Forced air, See remarks
Roof Material
Steel
Roof Style
Unknown
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Street
Land
Total Size
0.1 acres
Current Use
Mixed use
Sewer
Municipal sewage system
Size of Irregular Land
0.1
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