12
$99,000 Sale
Listed 20 hours ago
101 6888 ROYAL OAK AVENUE
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Key Facts
Key facts for 101 6888 ROYAL OAK AVENUE
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
C8083445
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
Established Dessert Business Near Royal Oak SkyTrain Station for sale. Established in 2012, this approximately 1,800 sq. ft. dessert business offers seating for 50, two washrooms, and three staff parking spaces behind the building. The business operates with three part-time employees and one full-ti...me manager, with minimal owner involvemant. Seller-reported average monthly sales are approximately $30,000, with annual profit of approximately $100,000, subject to verification. Parties are booked almost every weekend. Total monthly rent is approximately $12,000, all-inclusive. The current lease runs through 2027 with a stated five-year renewal option. NO DEMO. The premises currently use electric burners and a residential-style exhaust hood. Gas service is reportedly available next door; any connection or kitchen upgrade would require confirmation of feasibility and applicable approvals. (id:10452)
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Listing courtesy of: Royal Pacific Realty Corp.
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