Address
Not Disclosed Saanich, BC
Price
$ 649,000
Property Attributes
  • MLS#866246
  • TypeCommercial
  • CitySaanich
  • AreaSaanich East
  • NeighbourhoodSE Cedar Hill
  • Postal CodeV1V 1V1
  • StyleBusiness
  • Taxes1
  • Price$ 649,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Pemberton Holmes - Cloverdale
Data Source:
Victoria Real Estate Board (VREB)
Property Description

An exceptional opportunity to acquire a highly profitable franchise retailer in the food and beverage industry. This franchise has been serving Canada for over 40 years and has seen year over year growth. The recent renovation in late 2019 has modernized and streamlined the customer experience while reducing staffing needs and driving sales and profitability to new highs. 2020 saw an 8.2 % growth over 2019 and January 2021 has seen a further 10% increase from the previous year. This location is run entirely by management with the owner over seeing things from afar and spending no time in store. Great profits to the owner and huge earning potential for an owner operator. New long-term lease is in place at their central, high traffic location. NDA required for financial information.

General Features

Business Type Grocery, Retail, Service
Commercial Area Core (excl Downtown)
Commercial Listing Type Business
Property SubType Business
Property Type Commercial Sale

Interior Features

Total Units 1

Exterior Features

Parking Onsite Yn Yes

Amenities

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

Property vs Postal Code Average in V1V 1V1

Price
AVG $1.17M
$650K
Visits
AVG 71
86