MLS® C8078765

Cafes for Sale — Burnaby, BC

$1,180,000

202a 4501 NORTH ROAD, Burnaby, BC V3N4R7

84
Walk Score
87
Transit
73
Bike
Walk Score® by Redfin
CafesFranchise BusinessesFor SaleTurnkeyFranchise
Food Services and Beverage
Type
1,600 square feet
Floor area
84
Walk Score
87
Transit
73
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
CD-1
Utilities
Water

Listing Information

MLS®
C8078765
Listed
May 14, 2026
Time on market
123 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Profitable and iconic. Don't miss your chance to own a prime hub location of Korea's No.1 dessert cafe franchise in Korean Town. "Sulbing" is a globally recognized brand that revolutionized the dessert industry with its signature "Snow Flake" milk ice (Bingsu). This is a turnkey operation with a loyal customer base and proven profitability. Easy access to Highways 1 and 7, and within walking distance to the Lougheed SkyTrain Station, providing excellent transportation convenience. Confidential! Please do not approach staff directly. Showings by appointment only! (id:63159)

Financing calculator

Estimate your monthly payment on the $1,180,000 asking price.

Financing details
Monthly debt service
$11,453
Cash required at close
$261,000
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 (Burnaby)

Population
249,125(+7% since 2016)
Population density
2,750.6/km²
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
38.2%
Postsecondary below bachelor's
24.6%
High school diploma
25.9%
No certificate/diploma
11.3%

Population aged 15 and over.

Commute

Car, truck or van
71.0%
Public transit
21.5%
Walked
4.7%
Bicycle
0.9%
Other
1.8%

Commute duration

Under 15 min
16.3%
15–29 min
34.5%
30–44 min
31.7%
45–59 min
10.2%
60+ min
7.3%

Employed labour force with a usual workplace.

Mother Tongue

English38.9%
Mandarin12.8%
Yue (Cantonese)11.4%
Korean3.1%
Tagalog (Pilipino, Filipino)2.8%
Spanish2.2%
Punjabi (Panjabi)2%
Iranian Persian1.5%
Italian1.4%
Vietnamese1.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Onggi77m
  • Jong Ga77m
  • Busan Daeji Gukbap Korean Restaurant84m
  • ARISU Authentic Korean BBQ94m
  • Kimbab Cheonguk · 341 North Road96m

Cafes (5+)

  • Juillet Cafe · 4341 North Road62m
  • Yi Fang Tea94m
  • Hashtag195m
  • Passion8 Dessert Cafe · 403 North Road213m
  • Sushi Plate234m

Grocery (3)

  • Hannam Supermarket87m
  • H Mart · 329 North Road159m
  • PriceSmart Foods · 9899 Austin Road557m

Shopping (3)

  • Korea Town Center · 4501 North Road110m
  • Unnamed · 9855 Austin Avenue783m
  • The City of Lougheed · 9855 Austin Road785m

Parks (5+)

  • Keswick Park628m
  • Guilby Park · 345 Guilby Street635m
  • Lower Lougheed Park · 576 Alderson Avenue703m
  • Brookmere Park · 565 Austin Avenue714m
  • Discovery Place Park756m

Gyms (2)

  • Oxygen Yoga & Fitness553m
  • Fitness World789m

Pharmacies (1)

  • Hanin Pharmacy195m

Banks & ATMs (5+)

  • Korea Exchange Bank of Canada90m
  • TD · 329 North Road110m
  • Sharons Credit Union221m
  • Coast Capital Savings · 3977 North Road428m
  • Scotiabank · 465 North Road471m

Healthcare (3)

  • Hanbit Oriental Medicine Clinic91m
  • Evergreen Health Clinic · Lougheed Highway136m
  • LifeLabs · 435 North Road401m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Southbound North Rd @ Rochester St18m
Northbound North Rd @ Young Dr105m
Eastbound Lougheed Hwy @ North Rd118m
Southbound North Rd @ Delestre Ave183m
Northbound North Rd @ Lougheed Hwy227m
Westbound Lougheed Hwy @ 500 Block333m

Frequently asked questions

What is the asking price for this cafe?

The asking price is $1,180,000.

Where is this business located?

This listing is located in Burnaby, 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.