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Act quickly! Yaletown area Bistro with great specialty coffee, hot food, plus beer & wine! Licensed 50-seat restaurant, with liquor service license.
Menu items include Omelettes, Grilled sandwiches, Soups, Salads, Turkish specials, Wraps, & Desserts. Expresso, Capuccino, Latte, Turkish Coffee & Chai. Daily Hot Buffet! Great growth potential & location - surrounded by residential & commercial buildings. Catering services can be expanded.
Long-term lease secured.
Complete list of upgrades & equipment is available.
Some major items:
High-end expresso machine, Coffee grinders, Numerous refrigerators, Airconditioning, Granite counters & tabletops, Counter-top fryer, Security system, Fireplace.
"We want our guests to have great coffee, tea and appetizing food. Professional, friendly and fast service is our promise to you. Our caring and experienced staff will make sure that our cafe is a place where people can gather to talk, share and exchange ideas, work, feel comfortable and welcomed. We want you to forget about the time... Relax, be peaceful, and enjoy." -Owners
Top of the line Espresso Machine and all other machines are fairly new. 2,250sqft bistro with Liquor Licence, large flat screen TV, fireplace, patio, air-conditioning in the summer, hot buffet, luxury interior design and decoration by professionals. It has a storage area, plus reserved parking.
Reason for selling: Owner has secured a sizable contract in another business venture.
No direct contact allowed. Please do not disturb employees & owner. Please call listing agent for more information. Priced to sell!
YEARS IN BUSINESS 1 year(s)
FLOOR AREA 2,250 sq ft.
EMPLOYEES Fulltime: 1 Part time: 2
LEASE TERM 9yrs + 5yrs + 5yrs
PARKING Street Parking
ADDRESS 883 Hamilton St, Vancouver
ASKING PRICE $ 248,000 New Price!
BUSINESS HOURS Mon-Fri 6am to 9pm
Sat & Sun 7am to 9pm
MONTHLY SALES
Food and Beverages: $ 27,200
MONTHLY GROSS INCOME $ 20,760
MONTHLY OPERATING COSTS
Gross Rent: $ 6,500
Employee Wages: $ 5,000
Hydro: $ 400
Insurance: $ 100
Phone Interac: $ 120
Waste Removal: $ 60
Signage: $ 160 (marketing,etc)
Others: $ 1,160 (property tax)
MONTHLY EXPENSES $ 13,400
MONTHLY NET INCOME $ 7,360
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