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$ 399,800
Est. payment | /mo
$ 399,800
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Leasehold
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS® Listing ID 983929
Originating Board Victoria Real Estate Board
Property Sub-Type Leasehold
Property Description
Seize this rare opportunity to own a well-established, centrally located lounge that stands out as one of the premier nightlife spots in the area. This exceptional operation offers approximately 105 seats, including a charming patio, and holds a coveted Liquor Primary License. Currently open five nights a week, the business generates impressive annual sales exceeding $1M, with significant potential for increased revenue. Key Features: Prime Location: Centrally located in a high-traffic area with excellent visibility and accessibility. Established Business: Consistent sales performance, with room for expansion. Size & Seating: Approx. 105 seats, including an inviting patio space. Liquor Primary License: Perfect for a nightlife or entertainment-focused business. State-of-the-Art Equipment: fully equipped kitchen with hood and bar equipment. High-End Tenant Improvements: Contemporary design and quality finishes less than five years old. Untapped Potential: Extended Hours: Increase profitability by opening seven nights a week. Expanded Menu: Introduce breakfast and lunch service to attract a daytime crowd. This is an asset sale, making it an excellent opportunity for a visionary operator to build upon the current success and take this exceptional operation to the next level. Whether you're looking to step into the nightlife industry or expand your current portfolio, this turnkey operation is ready to go. Don't miss out—contact us today for more information and to schedule a private viewing, for qualified buyers only. (id:24570)
Location
State BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Others
Ownership Leasehold
Listed by eXp Realty
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