Restaurants for Sale — Parksville, BC
$299,000
123 CLS Blvd, Parksville, BC V0T0B0
Property details
From the listing remarks
- Seats
- 25 seats
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 1044653
- Listed
- July 30, 2026
- Time on market
- 46 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
A well-established and highly profitable Mexican restaurant in the heart of Vancouver Island's Oceanside region, offered for sale for the first time. The turnkey operation seats 70 guests indoors with an additional 25 seat patio, giving strong capacity through the busy summer season and comfortable year-round dining. The restaurant has built an excellent reputation over many years and enjoys a loyal base of repeat local customers, complemented by steady tourist traffic from the region's visitors, seasonal residents and nearby resort communities. Notably, the current owners operate just five days a week, 11:00 am to 7:30 pm, leaving clear upside for a new owner to extend hours and add operating days, along with obvious potential in late dining, catering and delivery. Fully equipped kitchen in place. Financial and lease details available to qualified buyers upon signing a confidentiality agreement. Please do not contact staff or management directly. (id:63159)
Financing calculator
Estimate your monthly payment on the $299,000 asking price.
Financing details
- Monthly debt service
- $2,902
- Cash required at close
- $84,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Parksville)
- Population
- 13,642(+9.5% since 2016)
- Population density
- 939.5/km²
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 18.4%
- Postsecondary below bachelor's
- 37.0%
- High school diploma
- 31.4%
- No certificate/diploma
- 13.2%
Population aged 15 and over.
Commute
- Car, truck or van
- 84.2%
- Public transit
- 1.5%
- Walked
- 11.1%
- Bicycle
- 1.1%
- Other
- 2.2%
Commute duration
- Under 15 min
- 53.9%
- 15–29 min
- 24.2%
- 30–44 min
- 13.1%
- 45–59 min
- 4.6%
- 60+ min
- 4.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
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Cafes (2)
- Tim Hortons · 494 East Island Highway43m
- Starbucks · 382 East Island Highway346m
Grocery (3)
- Eat Fresh Urban Market · 164 Bagshaw Street583m
- Choices Market · 319 East Island Highway589m
- Thrifty Foods · 280 East Island Highway666m
Parks (3)
- Sunset Park · 476 Sunset Boulevard278m
- Shelly Road Park · 186 Shelly Road288m
- Meadow View Park632m
Gyms (1)
- Element Fitness69m
Pharmacies (1)
- Pharmasave729m
Healthcare (1)
- Connect Hearing787m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $299,000.
Where is this business located?
This listing is located in Parksville, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.