This well established Exotic restaurant is an exceptional value. Currently, the business enjoys a strong clientele, with a reputation for high-quality fresh dining. Originally a 24-seat restaurant, the venue has expanded by adding an additional 30 outdoor seats with a covered and heated space, for use all year round. Owner further wants to add another 25 seats by building a mezzanine floor. The restaurant is equipped with modern, state-of-the-art kitchen equipment (established 2022), and offers the potential to provide catering services, delivery systems and other growth opportunities. Located in a high-traffic area surrounded by offices, the restaurant sees a busy lunchtime trade, catering to both dine-in patrons and takeaway orders. With only five days of operation per week, the opportunity to expand to seven days can increase revenue. Surprisingly it's also a buys evening dine in venue with many prominent clientele. Priced at only $379,000, this is an opportunity that offers incredible value. It will cost more than asking price to establish such a restaurant in 2025. With rent at just $3,570 per month, all-inclusive, out ads to the value. PS: Sale is on asset, and not Brand and inventory. Documents, a list of equipment, and further details will be provided upon signing of an NDA. This is truly a once-in-a-lifetime opportunity for the right buyer. SELLER VERY MOTIVATED. PERFECT FOR TURKISH/ PERSIAN RESTAURANT, but anything will go well. (id:43014)
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This area is all about location, location, location! Close to shopping, medical services and halfway between downtown and Orchard Park Mall, Springfield/Spall has an excellent walk score and there are many public transportation routes in the area. This is a mature neighbourhood with some redevelopment happening in the area now as some parts are becoming higher density. Kelowna’s technology hub is situated here and there is an energetic and vibrant vibe here.
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