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508 ABBOTT Street in Vancouver: Downtown VW Business for sale (Vancouver West) : MLS®# C8020543

508 ABBOTT Street Vancouver V6A 3K1 : Downtown VW

Main Photo: 508 ABBOTT Street in Vancouver: Downtown VW Business for sale (Vancouver West)  : MLS®# C8020543
$999,000
Prop. Type:
Business
MLS® Num:
C8020543
Status:
Active
Bus Major:
Food & Beverage
Bus Minor:
FB - Pizza
Build. Type:
High-Rise (5+ storeys)
508 Abbott (Double Exposure ML#C8023525 ) Goldie's Pizza, well established (12 years) Pizza chain with 3 locations - 508 Abbott - Tinsiltown Mall, 1400 sf, Lease $6800/mo (all in) 30 months left with 5 year option. 605 W Pender, 2000 sf, Lease $7875/mo with 30 months left - no option. 3088 Cambie, 1100 sf, Lease $6014/mo, 36 months left with 5 Year option (commissary kitchen). Gross Sales $1.25M-2015, $1.67M-2016, $1.62M-2017. Tinsiltown is the Flagship and newest location with 55 seats that just opened up 1 year ago, licensed with private booths and potential to open up a patio area for another 12 seats.
Sale Type:
Asset
Property Type:
Business
Business Name:
FOLDIES PIZZA - 2 LOCATIONS
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Pizza
Bus Op Since:
2006
Construction:
Concrete
Building Type:
High-Rise (5+ storeys), Commercial Mix
Total Floor Area:
Switch units of measure4,500 sq. ft.
Land Use/Zoning:
COMM
Washrooms Female/Male
Power Type:
Three Phase
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Listing information last updated on February 7, 2019 at 01:05 AM (UTC)
Mark Cumming
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