Best location to start a business in Burnaby, walking distance to Royal Oak Skytrain station. Surrounded by many new developments with excellent foot traffic. Franchised high quality Chinese style Dessert Shop, providin...
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Best location to start a business in Burnaby, walking distance to Royal Oak Skytrain station. Surrounded by many new developments with excellent foot traffic. Franchised high quality Chinese style Dessert Shop, providin...
Asking Price : $145,000
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) : 1,378
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Quick Service Restaurant Opportunity in Prime SFU Food Court adjacent to Large Dining Room with a fully vented kitchen that has 2 hood vents, Perfect for High Volume Revenue Opportunity!!! Storefront is double wide for T...
Asking Price : $338,000
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
"Seize the opportunity to own a thriving Papa John's franchise in the heart of Brentwood, Burnaby, a rapidly growing area with new high-rise developments! This prime location boasts low rent and a long-term lease, provid...
Asking Price : $578,888
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) : 972
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
PROFITABLE Franchise restaurant!! Located in One of the busiest MALLS at the FOOD COURT in Great Vancouver. This turnkey business offers a fantastic opportunity for those looking for a WELL ESTABLISHED FRANCHISE RESTAURA...
Asking Price : $880,000
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) : 364
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Great opportunity to own your own franchise or Own Pizza store in very busy plaza of Burnaby with great footfall. Perfect for a family to run own business. Call for more details. (id:39198)
Asking Price : $425,000
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) : 1,248
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Seasons Apple Cafe, a well-established coffee and sandwich shop in Burnaby's Crest Shopping Centre. This 682 sqft cafe has a prime corner location with an outdoor patio, ample parking, and growing sales. Rent is $3,238.0...
Asking Price : $98,000
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) : 682
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only, do not disturb staff. * Metrotown famous restaurant for sale! Located in the booming Metrotown Shopping Mall, just one floor below SilverCity, this well-known restaurant benefits from high f...
Asking Price : $399,000
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
Brand new bubble tea shop, everything is ready to go, current owner is relocating. 950 sqft, lease till April 30, 2026, gross rent $5620.83 (id:39198)
Asking Price : $299,000
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) : 950
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
*Showing by appointment only, 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 blocks ...
Asking Price : $580,000
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
After so many years (since 1966) on the food business seller is retiring. Doing excellent business with a great sales. This is a golden opportunity to buy and prosper. For more information, call Dimitrios or John. Listin...
Asking Price : $478,000
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) : 5,796
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Umi Sushi Express franchise in Metrotown Metropolis just across Macdonald Restaurant and enxt to Tim Hortons. Unbeatable high traffic location on Kingsway Mll's entrance. Well established business since 2006. Equipped w...
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) : 358
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Very successful K Restaurant in North Rd, K Town! This restaurant is famous for Korean style fried chicken and K Drinks! It has full commercial kitchen and located in major busy street mall. Good size of 3800sqft and gre...
Asking Price : $588,000
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) : 3,800
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
BUSY popular Chinese Restaurant in Burnaby for sale. The restaurant boast a prime street level storefront located in a prime spot at the intersection of Kingsway and Edmonds Street. Surrounded by residential and office b...
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) : 1,158
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Bubble tea business in a spacious corner unit next to Royal Oak Skytrain Station. 1800 sq ft space with up to 50 seat capacity. 2 F/M washrooms. Commercial ventilation and a variety of menu possible. Rent around $12,000 ...
Asking Price : $128,000
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) : 1,800
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Perfect for a couple or entrepreneur for established Deli business on busy Imperial st at Burnaby. Rent: $3,400 (Gross) 16 years one owner. Try to retired. Total turnkey business priced to sell. (id:39198)
Asking Price : $98,800
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) : 693
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
This is your chance to own your dream restaurant in one of Metro Vancouver's most vibrant communities! Located in the bustling Amazing Brentwood, this prime restaurant space offers unparalleled exposure, easy access to p...
Asking Price : $980,000
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) : 3,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent catering and take-out business with a low-cost model and solid income. The business is established and has a lengthy list of repeat clients. Complete flexibility for growth. (id:39198)
Asking Price : $24,900
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) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Fully renovated and well established Korean restaurant located in the heart of quickly growing University neighborhood. This is ONLY Korean restaurant in SFU. The space is spacious with a lot of seats with possible patio...
Asking Price : $215,000
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) : 1,294
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Located near Brentwood in the high-rise residential area. Pizzeria, Coffee/ pastries. Great potential for owner operator to grow up the business. Features: 20 seats inside + 16 outside, approx. Pizza oven, induction stov...
Asking Price : $139,900
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) : 1,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Burnaby Kingsway restaurant business for sale. Street level storefront restaurant on the Kingsway corridor in Metrotown area. Located in the heart of Burnaby's commercial core, surrounded by residences and office buildin...
Asking Price : $218,000
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) : 1,225
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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.
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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 Coffee/Tea Cafe at 5838 GRIMMER STREET , Quick Service Restaurant at 11302 CONFIDENTIAL and Pizza/Delivery Restaurant at 4196 DAWSON STREET .
Yes, there are currently some interesting offers available for Restaurants for sale in Burnaby, BC. Check out the following links for more details:
Coffee/Tea Cafe at 5838 GRIMMER STREET , Quick Service Restaurant at 11302 CONFIDENTIAL and Pizza/Delivery Restaurant at 4196 DAWSON STREET .
The average price is around $327,011. 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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