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  • Price$849,000
  • SQ. Feet1,500

888 9999 Confidential Street, Vancouver West

Fantastic opportunity to be the owner of a successful and profitable health club franchise ( share sales ) in Vancouver West. Front street retail premises of 1,500 sq.ft is leased for $6,500/month ( gross rent, taxes in ), 10 yrs head lease, 9 yrs remaining. Company is a franchisee of well-known USA franchise organization with more than 500 locations across USA. The management team manages the franchise, certified instructors provide the training to the several hundreds of members from 6:00 - 8:30 pm. This is an Absentee business model, the owner lives abroad and comes to Vancouver just once in 2 - 3 months. Stable annual sales revenue is close to $700,000 ( +/- $60,000/month ), gross cash flow to the owners before tax +/- $200,000 - $220,000/year ( $18,000 - $20,000/month ). No competition in Lower Mainland, great opportunity to open new locations, a multiplication of this business guarantees an earnings of $500,000/year and more. Sellers will provide an operational knowledge during a transition.

Essential Information

  • MLS® #C8026431
  • Price$849,000
  • Square Footage1,500
  • Acres0.00
  • TypeBusiness
  • StatusACTIVE

Additional Information

  • ZoningOTHER

Community Information

  • Address888 9999 Confidential Street
  • SubdivisionDowntown VW
  • CityVancouver West
  • StateBC
  • Zip CodeV4N 6A2

Listing Details

  • Listing OfficeEstateBlock Realty
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Listing information last updated on September 19th, 2019 at 12:18am PDT.