Address available upon request - Photo 1 of 2
1 / 2
$1,999,000

Address available upon request

RE/MAX Mid-Island Realty
5,133Sq Ft
15Parking
8,500Lot Sq Ft

About This Property

An exceptional opportunity to acquire one of Vancouver Island’s longest established and most successful independent restaurants. Operating continuously for nearly 60 years, this highly profitable business has built a strong reputation, loyal customer base, and consistent annual sales. The sale includes the land, building, and thriving business, allowing the new owner to operate without the uncertainty of lease renewals or increasing rental costs. This turnkey operation offers immediate cash flow and significant long-term investment value. The property has seen extensive equipment upgrades over the past several years, with nearly all major equipment replaced, providing a modern, efficient operation. A dedicated team of 20–25 experienced employees are in place, making for a smooth transition to new ownership. Additional income can be generated by two self-contained one-bedroom residential suites, each with the potential to generate approximately $1,500 per month in rental income. Despite being one of the busiest restaurants in the area, there remains outstanding upside. Over 95% of current revenue comes from takeout and delivery, while the restaurant offers seating for approximately 50 guests, creating an excellent opportunity to expand dine-in service. There is also no liquor license present, which will also drive sales. The business also does not currently utilize third-party delivery platforms, presenting the potential to increase annual revenue through additional sales channels. Whether you are an owner-operator seeking a profitable business or an investor looking for a high-performing commercial asset with real estate included, this is a rare opportunity to acquire a proven business with nearly six decades of success. (id:63357)

RE/MAX Mid-Island Realty

Property Location

Map

Property Details

Property Type
Detached
Building Area
5,133 square feet
Status
Active

Location & Neighborhood

What's nearby Address available upon request

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

POI data updated 8/9/2026

Last updated: Aug 7, 2026

Powered by REALTOR.ca

The data relating to real estate on this website comes in part from the MLS® Reciprocity program.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.

The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

$1,999,000
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

© 2026 Search Listings Online. Powered by CREA DDF