Address
1 Cls St, Nanaimo, BC
Price
$ 650,000
Property Attributes
  • MLS#1044041
  • TypeCommercial
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Old City
  • Postal CodeV6B 5G5
  • StyleBusiness
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Exceptional opportunity to acquire two successful food service businesses, including one restaurant & one quick service restaurant (QSR), offered together for $650,000. The combined estimated EBITDA for this 2026 fiscal year is approx. $580,000 before accountant year-end review/adjustments. There is experienced management in place to ensure a seamless transition. The locations benefit from excellent walk-by & drive-by exposure, ample customer parking, favourable lease terms, & strong online ordering & delivery sales. The sale includes all proprietary recipes, & intellectual property. While each business may be purchased separately, the seller's preference is to sell both together, allowing the purchaser to benefit from increased market presence and operational efficiencies. Qualified purchasers will be required to execute a Confidentiality Agreement prior to receiving detailed info. An outstanding opportunity for anyone seeking two profitable, turnkey operations with strong cash flow.

General Features

Business Type Restaurant/Bar
Property Subtype Business
Property Type Commercial Sale
Commercial Area Downtown
Commercial Listing Type Business

Interior Features

Total Units 2

Exterior Features

Lot Size Square Feet 0.00
Lot Size Acres 0.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V6B 5G5

Price
AVG $650K
$650K
Visits
AVG 14
13
Data Provided by Inside Real Estate®

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