2037 Shuswap Avenue, Lumby | $629,000

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.

Description

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.

General Info


MLS Listing ID: 10335273 Bedrooms: 0 Bathrooms: 0 Year Built: 1945
Parking: Street Heating: Forced air, See remarks Lotsize: 0.1 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .