American Cheesesteak once was famous in Downtown Vancouver on Davie Street, now its branch is for sale in booming Metrotown Shopping Mall;It locates on one floor below Silver City where attract huge foot traffic for ente...
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American Cheesesteak once was famous in Downtown Vancouver on Davie Street, now its branch is for sale in booming Metrotown Shopping Mall;It locates on one floor below Silver City where attract huge foot traffic for ente...
Asking Price : $498,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 697
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Seldom available fully equipped 30 seat Chinese Fast Food in the Lougheed Shopping Centre. 3 year new top quality leasehold improvement and equipment, well designed layout with an open kitchen and wider frontage. 1500 sq...
Asking Price : $298,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,502
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Pizza Pizza Ltd. is a franchised Canadian pizza quick-service restaurant with its headquarters in Toronto, Ontario. Founded in 1967, this locally made and grown brand has been operational for the last several decades and...
Asking Price : $500,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,041
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Rare Opportunity to Own a Neat and Clean Italian Pizza in Metrotown Area, in a strip mall, Lease Valid till July 31, 2025 with an option to renew for 5 years. Demo Clause in place, Approx. Gross Rent $ 3500, Heavy Footfa...
Asking Price : $245,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 960
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Thriving Franchised Pizza Store. An excellent opportunity for family entrepreneurs or anyone eager to step into a successful business! This well-established franchised pizza store boasts a steadily growing average monthl...
Asking Price : $650,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,100
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Polish Deli serving loyal clientele for 25 years. European food products and daily freshly made food, soups and sandwiches. Delicatessen meats, cheeses, homemade cabbage rolls and perogies. Seller is retiring, price incl...
Asking Price : $59,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 676
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only, do not disturb staff. * Cozy Restaurant directly across from Metropolis at Metrotown on Kingsway for sale! Street level unit in a high traffic area, great exposure and signage opportunity! C...
Asking Price : $238,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 725
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
PLEASE DO NOT DISTURB STAFF. Private showing by appointment only. Profitable 665 s.f. food court business since 2016, stable income and reasonable rent $2,905.07 per month all inclusive (GST & utilities are included). P...
Asking Price : $450,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 665
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Cafe located in the Provincial Health Building. Very nice buildout. This is not a Franchise. Buyer must enter into a license agreement. No royalties. Measurements are approximate. Please provide full name and phone numb...
Asking Price : $119,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 280
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Terracotta Boyz, a well-established restaurant located at the heart of Burnaby. This business is renowned for its handmade, thick, and delicious noodles, attracting a steady stream of loyal customers. Operating seven day...
Asking Price : $198,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 724
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Full commercial Kitchen, 30 seat restaurant. Rent $6000 + NNN $1500= $7500 per month (id:39198)
Asking Price : $368,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Rare opportunity to own a business with Francise and partnership with another well know company to be in 1 Store. Macao Imperial Tea ( Bubble Tea ) and Castella Cheesecake Goods. Business located in a very desirable area...
Asking Price : $200,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Easy operation with a good money maker!! This coffee, bubble tea and dessert shop located in central Metrotown area. It is located in the middle of office and highrise buildings. Steady and regular customers. Business in...
Asking Price : $228,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,066
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only, do not disturb staff. * A busy franchised Bubble Tea store is up for sale! It is located close to Metrotown Mall in a bustling area with ample signage and good frontage. The brand is well-kn...
Asking Price : $78,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 672
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Located on a busy corner in Burnaby. This amongst other tenants like Arwaz Hookah lounge Burnaby Smokes and Vapes, and Pure Escape Hair and Aesthetic, this takeout restaurant is ready for its new owner. The current busin...
Asking Price : $160,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
"PAPA GREEK" Well established business with great concept. Mediterranean high quality Greek food in fast ood style at the Market Crossing Shopping Centre. Eat in or take out. 1,280 sqft, top quality equipment with great ...
Asking Price : $319,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,282
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only. Please do not disturb staff* Profitable Chinese restaurant for sale! located in a prime spot on Kingsway, situated at the lively northwest corner of Kingsway and Elgin Street, a mere five bl...
Asking Price : $838,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,005
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only. Please do not disturb staff* Wow, franchise opportunity! Famous bubble tea franchise on Kingsway for sale! Excellent frontage on Kingsway.High visibility to attract more patrons. Highly rate...
Asking Price : $148,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 823
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Rear opportunity to purchase A well-equipped restaurant located on Hasting St in Burnaby North. This restaurant is in a freestanding building with parking lots at the back. Lots of street parking and an extra City's park...
Asking Price : $280,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,517
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Run your own business at SFU in the Food Court at the Maggie Benston Centre with cheap rent which includes utilities. This restaurant offers delicious, convenient, and nutritious food to the rapidly growing SFU community...
Asking Price : $84,900
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 600
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Introduction to Buying Restaurants in Burnaby BC
In the heart of British Columbia, Burnaby is a great spot for food lovers looking to start their restaurant. It's a place full of different cultures, and people here love trying new kinds of food. If you're considering restaurants for sale in Burnaby, BC, you're looking for a really exciting chance. Whether you're a chef with lots of experience or someone just starting, this city is a perfect place to bring your food dreams to life. With so many people in Burnaby excited to taste something new, your restaurant could be the next big hit!
Before diving into the restaurant business in Burnaby, weighing several factors is crucial. These considerations ensure a well-informed decision:
Market Research: Delve into Burnaby's dining culture to identify prevalent tastes and underserved niches.
Investment Requirements: Evaluate the initial investment and ongoing operational costs.
Legal Considerations: Stay abreast of local food service regulations and licensing processes.
Burnaby's restaurant scene is shaped by distinct trends that drive consumer preferences. Understanding these trends is key to positioning your restaurant for success:
Cultural Diversity: The city's multicultural backdrop heavily influences dining trends, offering opportunities for diverse culinary offerings.
Health and Sustainability: There is an increasing demand for restaurants focusing on healthy, sustainable food practices.
Technology Integration: Embracing digital advancements, from online ordering to marketing, is becoming essential.
The dining scene in Burnaby, British Columbia, provides many possibilities, with various restaurants for potential investors to consider. Gaining insight into well-liked kinds of eateries can assist in making an informed investment decision.
Cafes and bistros play an important role in Burnaby's culinary landscape. They appealeal to a diverse clientelele, ranging from students to career folks, providing friendly atmospheres for chatting with friends over coffee or a light meal. Their casual settings offer:
Cozy Ambiance: Ideal for casual meetups and remote working.
Versatile Menus: Ranging from light snacks to hearty meals.
Many people feel nostalgic and cozy when eating at classic diners. That is why diners remain such a popular choice. These types of restaurants often feature:
Classic Comfort Foods: Serving timeless dishes that appeal to all age groups.
Family-Friendly Environment: Creating a welcoming atmosphere for families.
Burnaby's evolving demographics presents an opportunity for specialized restaurants. These could focus on:
Ethnic Cuisines: Catering to the city's diverse cultural tastes.
Unique Dining Experiences: Offering something different, like fusion cuisines or thematic dining.
Navigating buying a restaurant in Burnaby requires careful consideration and strategic planning. Here are essential tips to guide you through this journey.
The first step is a deep understanding of the Burnaby restaurant market. This involves researching the most successful restaurant concepts, identifying areas with high foot traffic, and understanding the dining preferences of the local population. It's also crucial to stay updated on economic trends that could affect the restaurant industry, such as changes in disposable income levels or shifts in consumer behaviour.
An essential aspect of purchasing a restaurant is assessing the cost of operation. This includes the initial investment and ongoing expenses like rent, utilities, staff wages, and food costs. Having a clear financial plan and budget that accounts for these expenses and a cushion for unforeseen costs is important. Additionally, understanding Burnaby's local labour market and supply chain dynamics can help estimate these operational costs more accurately.
Every business venture comes with risks and challenges; the restaurant industry is no exception. Potential buyers must consider factors such as competition, changing consumer trends, and the impact of seasonal fluctuations on business. It's also vital to assess any specific challenges that the Burnaby market might present, such as local regulatory changes or shifts in the economic landscape.
Choosing the right location is critical in the restaurant business. Burnaby offers several key areas that are prime for restaurant ventures.
Metrotown, known as Burnaby's downtown, is bustling with commercial and retail activity, making it an ideal location for new restaurants. Factors making Metrotown attractive include:
Brentwood is transforming, with new developments creating opportunities for restaurant owners. Key highlights include:
Growing Residential and Commercial Spaces: Increasing potential customer base.
Modern Infrastructure: Offering state-of-the-art facilities for new restaurants.
The residential area growth in North Burnaby is emerging as a vibrant dining hub, emphasizing community and family-oriented spaces. This growth can be attributed to:
Expanding Residential Areas: Fueling the demand for more local dining options.
Community Engagement: Offering a supportive environment for local businesses.
Acquiring a restaurant in Burnaby involves several critical steps and legal considerations.
Financial Assessment: Evaluate your budget and funding options.
Location Scouting: Identify potential locations that align with your restaurant concept.
Property Evaluation: Assess the condition and suitability of potential restaurant spaces.
Negotiation: Discuss terms and prices with sellers or agents.
Due Diligence: Conduct a detailed analysis of the business's financials, legal status, and operational health.
Finalizing the Purchase: Complete the transaction with the necessary legal and financial processes.
When evaluating potential restaurant purchases in Burnaby, conducting a thorough assessment is essential to ensure a wise investment.
Beyond the basic evaluations, several key factors can influence the success of your restaurant purchase:
Location Analysis: Assess the viability of the restaurant's location in terms of visibility, accessibility, and customer traffic.
Financial Health Check: Review the restaurant's financial records for profitability, debt, and revenue trends.
Operational Assessment: Examine the current operational setup, including staff efficiency, inventory management, and supplier relationships.
Customer Base Evaluation: Understand the existing customer base and their loyalty to the restaurant.
Competitive Landscape: Analyze the competition in the area to gauge market saturation and differentiation opportunities.
Negotiating a fair price for a restaurant involves several steps:
Market Comparison: Compare the asking price with similar restaurant sales in Burnaby.
Negotiation Strategy: Develop a strategy based on your valuation and market research.
Professional Assistance: Consider hiring a broker or advisor with expertise in the Burnaby restaurant market.
Acquiring a restaurant is just the beginning. The transition period is crucial for the success of your new venture.
Deciding whether to rebrand or maintain the existing brand depends on various factors:
Market Research: Understand customer expectations and market gaps.
Brand Assessment: Evaluate the strength and recognition of the current brand.
Vision Alignment: Consider if the existing brand aligns with your vision for the restaurant.
A smooth transition into your new restaurant can be facilitated with the following approaches:
The journey to owning a restaurant in Burnaby, BC, is an exciting and potentially rewarding venture. Burnaby presents a unique opportunity for restaurant entrepreneurs with its diverse population, evolving dining scene, and vibrant communities.
As you embark on this journey, remember that success in the restaurant business is a blend of passion, strategy, and resilience. Burnaby's dynamic market requires a deep understanding of local trends and customer preferences and a continuous effort to adapt and innovate. The process of purchasing, transitioning, and running a restaurant in this city, while challenging, offers immense potential for growth and success.
Embrace the challenges as opportunities to learn and grow. Building a restaurant business is not just about serving food; it's about creating experiences, fostering community, and making connections. The relationships you develop with your staff, customers, and the Burnaby community will be as important as the dishes you serve.
Stop wasting time with multiple websites. Your dream business awaits you here at Find Businesses 4 Sale!
We've created the most comprehensive platform for finding restaurants for sale in Burnaby, BC and Canada. Say goodbye to hopping from one website to another and hello to viewing the most business/commercial properties for sale all in one place.
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Embark on your business-buying journey in three easy steps:
Find the perfect businesses/commercial properties for sale.
Make your dream match.
Founded by professionals who experienced the frustration of time-consuming business searches, Businesses4Sale streamlines the process by compiling the most relevant information from multiple industry sources. We've transformed the business buying and selling experience, making it easy for future business owners and sellers to find exactly what they want.
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Here are the main steps to buy a restaurant for sale in Burnaby BC: Find a restaurant you like. Make an offer to buy it. Carefully review the restaurant's finances and how it runs. Get any needed permits and licenses. You may need to agree on a lease with the property owner. Finally, have a lawyer write up and sign a contract to officially buy and sell the {restaurant.
The cost to purchase a restaurant in Burnaby, BC, can vary significantly based on size, location, and existing business success, with prices generally ranging from $100,000 to $500,000 or more.
Are there any specific rules or regulations in Burnaby BC for owning or operating a restaurant?
Yes, there are rules you need to follow in Burnaby, BC if you own or run a restaurant. You need to get the right licenses and permits. Your restaurant also needs to meet public health rules. It must follow building and zoning laws, too. And you must obey food safety rules.
You can find more information about the financial situation of a restaurant for sale by contacting the real estate agent or the owner directly. They should be able to provide financial reports, profit and loss statements, and other documentation upon request.
Owners of new restaurants in Burnaby, British Columbia, can get help and information from groups like the Burnaby Board of Trade, the Greater Vancouver Chamber of Commerce, and the BC Restaurant and Food Services Association. These groups offer business advice, chances to meet others, and details about rules and permits. Burnaby's Economic Development office also provides many resources to back new businesses starting up.
https://www.burnaby.ca/our-city/diversity-and-inclusion#
https://bbot.ca/economic_development/labour-force-demographics/
https://www.jarmanrealestate.com/burnaby-neighborhood-investment-potential/
https://www.burnaby.ca/business/business-licences
https://www.burnaby.ca/services-and-payments/permits-and-applications
https://www.burnaby.ca/services-and-payments/development-permits-construction
https://www.burnaby.ca/services-and-payments/community-safety/fire/fire-safety-plans
There are many great Restaurants for sale in Burnaby, BC, but some of the top-rated options include Fast Food Restaurant at E10 4700 KINGSWAY , Fast Food Restaurant at 11062 CONFIDENTIAL and Pizza Restaurant at 3 4461 LOUGHEED HIGHWAY .
Yes, there are currently some interesting offers available for Restaurants for sale in Burnaby, BC. Check out the following links for more details:
Fast Food Restaurant at E10 4700 KINGSWAY , Fast Food Restaurant at 11062 CONFIDENTIAL and Pizza Restaurant at 3 4461 LOUGHEED HIGHWAY .
The average price is around $307,119. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Restaurants for sale in Burnaby, BC, be sure to click the link above to see all available offers and find your dream. Don't miss out on these amazing deals!
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