5939 E Hasting Street Burnaby, British Columbia V5B 1R7
$188,000
RETIREMENT SALES - Exceptional opportunity for a very profitable 50-seat Chinese food menu restaurant w/liquor license, at the heart of Capitol Hil, a busy location near SFU, close to schools and affluent residential community. Ideal for continuation of the current business without physical modifying. The reputation of Peking Restaurant has spanned almost four decades and its current owner have also been profitably operating the business since 2006. Very strong increase in pick-up/delivery sales since the COVID pandemic, adding to the decently recovering dine-in revenue. Dining Area: Over 1,000 sqft of air-conditioned dining areas with ample space for small to medium banquet parties. Plenty of parking front & side street & back yard. Professional Kitchen: Well-layout, Class 1 commercial ventilation system, Walk-in cooler. Plenty of space for storage. AM traffic side of Hastings with potential to grow. Current lease will expire on Apr/30/2025 and the landlord is willing & happy to renew. (id:49957)
Business
Business Type | Restaurant |
Business Sub Type | Restaurant |
Property Details
Property Type | Business |
Neigbourhood | Parkcrest-Aubrey |
Building
Land
Acreage | No |
Zoning Description | C2 |
https://www.realtor.ca/real-estate/24759209/5939-e-hasting-street-burnaby
Danny Huang