Forgot password Extend Verify Contact
Main Photo: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 1: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 2: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 3: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 4: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 5: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 6: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Photo 7: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
980983
LOOKING FOR A BUSINESS THAT IS WORTH YOUR MONEY!!Come be a part of a unique mix Franchise that you won't find anywhere else in the lower mainland. Embark on the existing franchise journey where two Canadian brands are under one roof. DUAL BRAND OPPORTUNITY - This Restaurant is located in the heart of Courtenay and is sought after in the Comox Valley. Ricky's has been operating for over 31 years and running strong. Fatburger was added 4 years ago to bring different types of clientele through. This restaurant attracts clientele that want to experience fine dining at Ricky's, but also has an attraction to attract clients that require a quick burger/fries or wings and shakes to go from Fatburger. Located side by side but sharing the same kitchen. RENOVATED RECENTLY!!Franchise fee and inventory not included. Both franchises will be sold together. Client require minimum of 40% liquid cash for approval (around $140K in bank)INCENTIVE: Vendor back financing available up to 25K
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Business
Lease Rate:
32.0
Lease Type:
Assignment of Lease
Lease Term:
9 Years,9yr
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Taxes:
Number of Storeys:
1
Ceiling Heights:
Total Building Area:
4,000 sq. ft.
Leasable Area:
4,000 sq. ft.
Commercial Area:
Subdivisable Area:
No
Fireplace:
No
Pending Date:
Goodwill, Parking, Trade Name(s)
Inventory, See Remarks
Washington Park Shopping center
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Courtenay
Legal Description:
Zoning:
C1-A
Units in Building:
Units in Community:
Occupancy:
Owner
Business Name:
Ricky's / Fatburger
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Nov 18, 2024
Original Price:
325000.0
  • Photo 1: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 1 of 7
  • Photo 2: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 2 of 7
  • Photo 3: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 3 of 7
  • Photo 4: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 4 of 7
  • Photo 5: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 5 of 7
  • Photo 6: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 6 of 7
  • Photo 7: 1 795 Ryan Rd in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 980983
    Photo 7 of 7
Listed by Royal Lepage Global Force Realty
Data was last updated November 21, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$749,900
Min list price:
$149,900
Max list price:
$7,316,000
Avg days on market:
111
Min days on market:
3
Max days on market:
309
These statistics are generated based on the current listing's property type and located in CV Courtenay City. Average values are derived using median calculations.
JOANNE MILLAR
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.