MLS® C8073401

Restaurants for Sale — Terrace, BC

$278,888

4741 LAKELSE AVENUE, Terrace, BC V8G4R9

84
Walk Score
66
Bike
Walk Score® by Redfin
RestaurantsFranchise BusinessesFor SaleTurnkeyOwner-OperatorFranchise
Restaurant
Type
0 acres
Lot size
84
Walk Score
66
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
0

Listing Information

MLS®
C8073401
Listed
October 28, 2025
Time on market
321 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Exciting opportunity to own a well-established Wings Tap & Grill franchise in a high-traffic area of Terrace, BC. This popular restaurant is known for its welcoming atmosphere, delicious food, and excellent customer service. The business features a fully equipped commercial kitchen, modern dining area, and a licensed bar with ample seating. It enjoys a strong local following and consistent sales with growth potential through catering and delivery expansion. Perfect for an owner-operator or investor looking for a turnkey operation with franchise support, established branding, and loyal clientele. Do not miss this chance to step into a thriving restaurant business with proven performance and a great reputation in the community. (id:63159)

Financing calculator

Estimate your monthly payment on the $278,888 asking price.

Financing details
Monthly debt service
$2,707
Cash required at close
$80,778
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 (Terrace)

Population
12,017(+3.2% since 2016)
Population density
209.6/km²
Median household income
$90,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
20.1%
Postsecondary below bachelor's
34.5%
High school diploma
29.8%
No certificate/diploma
15.5%

Population aged 15 and over.

Commute

Car, truck or van
87.5%
Public transit
2.1%
Walked
8.0%
Bicycle
1.4%
Other
1.0%

Commute duration

Under 15 min
73.9%
15–29 min
13.5%
30–44 min
3.6%
45–59 min
3.1%
60+ min
5.7%

Employed labour force with a usual workplace.

Mother Tongue

English82.9%
Punjabi (Panjabi)3.1%
Portuguese1.9%
French1.8%
German1%
Tagalog (Pilipino, Filipino)0.9%
Korean0.4%
Dutch0.3%
Hindi0.3%
Nisga'a0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Mr Mikes · 4736 Lakelse Avenue153m
  • Pizza Hut211m
  • White Spot · 4620 Lakelse Avenue403m
  • Shan Yan443m
  • Ninja Sushi · 4605 Lakelse Avenue448m

Cafes (5+)

  • Starbucks197m
  • Unnamed206m
  • Tim Hortons · 4658 Lakelse Avenue208m
  • Starbucks272m
  • The Fix Bikery and Cafe · 2910 Tetrault Street419m

Grocery (3)

  • Save-On-Foods16m
  • Safeway · 4655 Lakelse Avenue187m
  • Wholesale Club · 4524 Feeney Avenue794m

Shopping (2)

  • Skeena Mall · 4741 Lakelse Avenue116m
  • Terrace Shopping Centre · 4647 Lakelse Avenue237m

Parks (4)

  • Unnamed105m
  • George Little Park514m
  • Unnamed754m
  • Memorial Park766m

Pharmacies (1)

  • Shoppers Drug Mart · 4647 Lakelse Avenue252m

Banks & ATMs (5+)

  • CIBC · 4717 Lakelse Avenue92m
  • BMO153m
  • Northern Savings Credit Union232m
  • RBC Royal Bank · 4640 Lakelse Avenue282m
  • TD · 4633 Lakelse Avenue301m

Healthcare (3)

  • Emerson Medical Clinic380m
  • Terrace Foundry · 3219 Eby Street384m
  • Ksyen Regional Hospital · 2800 Tetrault Street496m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $278,888.

Where is this business located?

This listing is located in Terrace, 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 15, 2026.