5970 UNIVERSITY Boulevard
University VW
Vancouver
V6T 1Z3
$199,000
Business
- Status:
- Sold
- Prop. Type:
- Business
- MLS® Num:
- C8059793
- Sold Date:
- May 16, 2024
- Bus Major:
- Food & Beverage
- Bus Minor:
- FB - Restaurant
- Build. Type:
- Mixed Use
This is an opportunity to not only own one of the best cafes at UBC at the prime location of the university’s busy main entrance, but is a rare opportunity to also own a coffee roasting business. A new coffee roaster, oxidizer, and required Class-A ducting will generally cost over $150K to build out. The benefits of roasting coffee in-house is a 50% savings in coffee costs vs purchasing roasted coffee from another roasters, which is a significant competitive advantage. Located next to Anchor tenants like Shoppers Drug Mart on the busiest street with many other attractive food and retail brands to complement. Situated near the Student Union Building and steps from the bus loop, and next door to Shoppers Drug Mart, this cafe and coffee roaster has been a staple to the neighborhood for over a decade and continues to be successful. The lease is $13,754 all in and the size of the locations is 1976 sq ft. With the best visibility at UBC, this cafe is built for success. Contact listing agent for details.
- Price:
- $199,000
- Business (Major):
- Food & Beverage
- Property Type:
- Commercial
- Business (Minor):
- FB - Restaurant
- MLS® Num:
- C8059793
- Status:
- Sold
Larger map options:
Listed by RE/MAX Real Estate Services
Data was last updated November 23, 2024 at 08:10 AM (UTC)
- Jean Seguin
- RE/MAX Real Estate Services
- 1 (778) 785-2135
- sales@restaurantbusinessbroker.ca
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