Restaurants for Sale — Mission, BC
$595,000
32081 LOUGHEED HIGHWAY, Mission, BC V2V7P8
Listing Information
- MLS®
- C8079537
- Listed
- June 11, 2026
- Time on market
- 95 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Exceptional Franchise Restaurant Opportunity in Mission, BC. Looking for a profitable restaurant investment in the Fraser Valley? This is an outstanding opportunity to acquire a well-established and successful RICKYS, strategically located in the heart of Mission's busy commercial district with excellent visibility and high traffic exposure. The business currently generates approximately $1.3M-$1.4M in annual sales, with the potential for an additional $400K-$500K in projected future Famoso sales, creating a strong foundation for healthy profit margins and continued growth. This turnkey operation features a full liquor license, experienced staff, and a loyal, multigenerational customer base built over years of successful operation. The business is ideally suited for an owner-operator or investor seeking a proven franchise with established revenue streams. The current lease extends through 2029, with two additional five-year renewal options, providing long-term stability and stability and security. (id:63159)
Financing calculator
Estimate your monthly payment on the $595,000 asking price.
Financing details
- Monthly debt service
- $5,775
- Cash required at close
- $144,000
- DSCR
- —
- Cash-on-cash return (yr 1)
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Location
Local market size (Mission)
- Population
- 41,519(+7.7% since 2016)
- Population density
- 182.9/km²
- Median household income
- $98,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 13.5%
- Postsecondary below bachelor's
- 33.8%
- High school diploma
- 34.8%
- No certificate/diploma
- 17.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 93.3%
- Public transit
- 2.3%
- Walked
- 2.5%
- Bicycle
- 0.2%
- Other
- 1.6%
Commute duration
- Under 15 min
- 25.1%
- 15–29 min
- 26.1%
- 30–44 min
- 18.0%
- 45–59 min
- 12.2%
- 60+ min
- 18.5%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Ricky's Country Restaurant50m
- The Wee Chippie Fish & Chips · 32081 Lougheed Highway191m
- Sangam Sweets & Curry Express · 32034 Lougheed Highway192m
- Pizza Hut297m
- Five Forks Bar & Grill · 32281 Lougheed Highway346m
Cafes (4)
- Blenz Coffee428m
- Country Style443m
- Starbucks452m
- Tim Hortons · 32471 Lougheed Highway687m
Grocery (1)
- Real Canadian Superstore · 32136 Lougheed Highway245m
Shopping (5+)
- Mission Gate Plaza · 32081 Lougheed Highway135m
- Outlook Village368m
- Smartcentres Mission · 31956 Lougheed Highway404m
- Walmart435m
- Mission Gateway Plaza580m
Parks (4)
- Cedar Vallyer Park495m
- Cedar Valley Park · 7251 Cedar Valley Connector507m
- Dr. Humes Memorial Park577m
- Kinsmen Park West766m
Gyms (1)
- Anytime Fitness · 32081 Lougheed Highway116m
Pharmacies (5+)
- Real Canadian Superstore Pharmacy281m
- Pharmasave291m
- Walmart Pharmacy469m
- Unnamed584m
- Rexall687m
Banks & ATMs (1)
- Prospera Credit Union584m
Healthcare (5+)
- Mission Division of Family Practice · 7298 Hurd Street269m
- Mission Oaks Medical Centre · 7298 Hurd Street273m
- Unnamed279m
- Drs. R & G Siemens323m
- Mission Memorial Hospital · 7324 Hurd Street366m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $595,000.
Where is this business located?
This listing is located in Mission, 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.