MLS® 1017231

Franchise Businesses for Sale — Downtown, Victoria, BC

$500,000

140a 911 Yates St, Victoria, BC V8V4X3

99
Walk Score
91
Transit
97
Bike
Walk Score® by Redfin
Franchise BusinessesBakeriesFor SaleTurnkeyOwner-OperatorTraining ProvidedFranchise
Retail and Wholesale
Type
1988
Year built
99
Walk Score
91
Transit
97
Bike
Walk Score® by Redfin

Property details

Structured details

Heating
Forced air
Cooling
Fully air conditioned, Air Conditioned
Security
Sprinkler System-Fire, Fire alarm system
Lot features
Central location, Level lot, Other, Marine Oriented

Listing Information

MLS®
1017231
Listed
October 9, 2025
Time on market
340 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Exceptional opportunity to own a thriving COBS Bread franchise in the heart of Harris Green, one of Victoria’s most vibrant and rapidly growing downtown communities. Ideally located on busy Yates Street, this high-exposure 751 sq. ft. unit offers prime frontage, excellent signage, and convenient customer access in a walkable, high-density neighbourhood. Surrounded by strong national and local retailers, professional services, and new residential developments, the business benefits from steady year-round traffic and a continually expanding customer base. This franchise is fully built out with modern finishes, extensive leasehold improvements, and a complete package of professionally maintained bakery equipment. The business is supported by the strength of the COBS Bread national brand, offering buyers immediate recognition, a loyal following, and comprehensive franchisor training and operational support. With strong sales performance and ongoing growth in the downtown core, this is a proven, profitable opportunity ready for a seamless transition to new ownership. The Harris Green district is undergoing significant redevelopment, with thousands of new residential units planned and under construction, further enhancing the future demand for retail and food service in this highly sought-after area. This makes the location not only a stable investment today, but also an exceptional growth opportunity for the years ahead. This is a true turnkey business - perfect for an energetic owner-operator or a savvy investor seeking a well-established, reliable enterprise in a premier downtown location. Opportunities of this caliber in Victoria’s core are rare. Act quickly to secure this successful franchise and position yourself for continued success in a thriving market. For more information, contact Gurswazy Johal, Zolo Realty today. (id:63159)

Financing calculator

Estimate your monthly payment on the $500,000 asking price.

Financing details
Monthly debt service
$4,853
Cash required at close
$125,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Victoria)

Population
91,867(+7.1% since 2016)
Population density
4,723.2/km²
Median household income
$67,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
42.6%
Postsecondary below bachelor's
25.3%
High school diploma
24.0%
No certificate/diploma
8.2%

Population aged 15 and over.

Commute

Car, truck or van
53.3%
Public transit
11.1%
Walked
22.5%
Bicycle
9.6%
Other
3.5%

Commute duration

Under 15 min
37.6%
15–29 min
42.6%
30–44 min
14.1%
45–59 min
3.2%
60+ min
2.4%

Employed labour force with a usual workplace.

Mother Tongue

English81%
French1.9%
Tagalog (Pilipino, Filipino)1.3%
Spanish1.2%
Mandarin1.2%
Yue (Cantonese)1.1%
German1%
Arabic0.6%
Korean0.6%
Japanese0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Bin 4 Burger Lounge · 911 Yates Street37m
  • Pizza Hut38m
  • Moxie's116m
  • Sen Zushi · 940 Fort Street118m
  • Cafe Brio129m

Cafes (5+)

  • Basic Cafe24m
  • The Loft & Ladder160m
  • Blue Fox Cafe · 919 Fort Street197m
  • Routine Coffee & Supply · 1036 Fort Street217m
  • Fika · 1329 Cook Street317m

Grocery (5+)

  • Market on Yates · 903 Yates Street111m
  • Save-On-Foods · 1010 Pandora Avenue294m
  • Daily Fresh · 1627 Quadra Street433m
  • Bulk Barn · 706 Yates Street543m
  • Mexican House of Spice · 1412 Douglas Street627m

Shopping (5+)

  • London Drugs21m
  • Winners · 1150 Douglas Street611m
  • The Bay Centre · 1150 Douglas Street683m
  • The Bay Centre683m
  • Sabayons · 1101 Government Street741m

Parks (5+)

  • Pandora Green245m
  • Pioneer Square · 1030 Quadra Street278m
  • Mason Street Park · 1045 Mason Street386m
  • Law Courts Green414m
  • Harris Green449m

Gyms (5+)

  • Forge Gym127m
  • Victoria Fitness · 1029 View Street134m
  • Peterec's Kombat Centre · 851 Johnson Street237m
  • Anytime Fitness · 815 Yates Street299m
  • Kadampa Meditation Centre · 970 Blanshard Street478m

Pharmacies (5+)

  • View Street Pharmacy · 867 View Street211m
  • Victoria Compounding Pharmacy · 1089 Fort Street281m
  • Cridge Pharmacy327m
  • Rexall340m
  • Shoppers Drug Mart · 1212 Douglas Street596m

Banks & ATMs (5+)

  • Coastal Community Credit Union · 762 Fort Street475m
  • BMO · 1225 Douglas Street552m
  • Canadian Western Bank · 1201 Douglas Street559m
  • Scotiabank · 702 Yates Street560m
  • CIBC566m

Healthcare (5+)

  • Aestheva Medical Aesthetics · 946 Fort Street130m
  • Connect Hearing · 953 Fort Street163m
  • EHLA Wellness · 975 Fort Street169m
  • Downtown Victoria Optometry · 1126 Quadra Street190m
  • The Queer Care Collective217m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this franchise businesse?

The asking price is $500,000.

Where is this business located?

This listing is located in Victoria, 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.