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11509 CONFIDENTIAL
University VW Vancouver V0V 0V0

$198,000
Business

Status:
Active
Prop. Type:
Business
MLS® Num:
C8066149
Bus Major:
Food & Beverage
Bus Minor:
FB - Fast Food
Build. Type:
Commercial Mix
Healthy Concept Franchise Pita Restaurant with great Support, Strategically located in UBC University Village on a Corner Location with Great Exposure! Rent for the 1,115 SQ FT Space is $8,453.92/Month plus GST with 3 Years left on the Lease Plus a 5 Year Renewal Option! Royalties are a total of 8% to include 5% of Net Sales , 2% for National Advertising and 1% Local Advertising. Note there is also a Transfer Fee of approximately $7,000 + Legal Fees. Franchisor may require a Renovation. This is a Tremendous Opportunity for an Owner Operator to take over an Established Location with a Captured Audience! Staff is unaware of the sale. NDA required.
Sale Type:
Asset
Business Name:
PITA FRANCHISE RESTAURANT
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Fast Food
Construction:
Concrete
Building Type:
Commercial Mix
Name of Complex/Subdivision:
# Other Units:
Year built:
2001 (Age: 24)
Total Floor Area:
1,115 sq. ft.
Retail Size:
1,115 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CD1
Permitted Use:
Retail
Water Supply:
Municipal
Roof:
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by RE/MAX Crest Realty
Data was last updated January 30, 2025 at 04:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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