Geoff Hayes
Questions? Call: (236) 358-0210
Opportunity Knocks! This is your chance to own a well-established and highly successful pizza business in the vibrant heart of Lumby, BC. Known for its delicious pizza and as a beloved local favourite, especially for school-time lunches, this business enjoys a steady stream of loyal customers and significant foot traffic. Boasting an impressive 3-year normalized cap rate of 6.24%, this business offers consistent and reliable returns, making it a smart investment in any market. The turnkey opportunity includes not just the business and all necessary equipment but also the building itself, giving you full control of the property. Additionally, a spacious 2-bedroom suite above the business provides the perfect setup for an owner-operator or could be used to house an employee, adding even more convenience and value to this already lucrative investment. Situated in a prime, high-traffic location in Lumby, this business benefits from both its central position in a growing community and a solid, established customer base. With a proven track record of success, this opportunity is ideal for those looking to step into a profitable, low-risk venture in a thriving market. Whether you are an experienced restaurateur or a first-time business owner, this is your chance to make a stable, profitable investment with long-term potential. (id:6289)
| Avg. asking price | $1,324,502 |
| Price per sq. ft. | $409 |
| Median price | $722,400 |
| Number of homes for sale in Lumby Valley | 68 |
| Number of homes for sale in Lumby | 76 |
| Avg. Days on Market | N/A |
Other
Lumby, British Columbia
Live For Free In The Heart Of Lumby! Discover An Incredible Investment Opportunity With This 5-unit Complex Located In The Vibrant Heart Of Lumby, North Okanagan. This Commercially Zoned Property Features 3 Residential Units And 2 Commercia ...(more)
