MLS® 1047380

Fast Food Restaurants for Sale — North Nanaimo, Nanaimo, BC

$199,900

6631 Island Hwy, Nanaimo, BC V9T4T7

76
Walk Score
53
Transit
77
Bike
Walk Score® by Redfin
Restaurant
Type
76
Walk Score
53
Transit
77
Bike
Walk Score® by Redfin

Property details

From the listing remarks

Years in operation
2.5 years

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
1047380
Listed
August 20, 2026
Time on market
25 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

A once-in-a-lifetime opportunity to own a thriving, high-traffic food court business in Woodgrove Mall, one of Vancouver Island’s premier shopping destinations. This turnkey venture features modern renovations, a walk-in cooler, freezer, and extra storage, all with no franchise restrictions, granting you full control over operations, products, and branding. With a secure 10-year lease and only 2.5 years in operation, it offers strong revenue, high profit margins, and excellent resale value in a prime location. The motivated seller is shifting focus to other ventures—seize this rare chance while it lasts! Contact us today! (id:63159)

Financing calculator

Estimate your monthly payment on the $199,900 asking price.

Financing details
Monthly debt service
$1,940
Cash required at close
$64,980
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 (Nanaimo)

Population
99,863(+10.3% since 2016)
Population density
1,104.1/km²
Median household income
$75,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
23.4%
Postsecondary below bachelor's
32.6%
High school diploma
30.5%
No certificate/diploma
13.5%

Population aged 15 and over.

Commute

Car, truck or van
86.8%
Public transit
4.0%
Walked
5.2%
Bicycle
1.4%
Other
2.6%

Commute duration

Under 15 min
45.9%
15–29 min
36.0%
30–44 min
10.4%
45–59 min
3.0%
60+ min
4.7%

Employed labour force with a usual workplace.

Mother Tongue

English85.5%
Mandarin1.6%
French1.2%
Punjabi (Panjabi)1.2%
German0.9%
Tagalog (Pilipino, Filipino)0.7%
Spanish0.6%
Vietnamese0.5%
Korean0.5%
Arabic0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Pho 11 Noodle Bar136m
  • Delicado's222m
  • Milano's · 6551 Aulds Road236m
  • Pizzeria La Stella · 6581 Aulds Road237m
  • Nori · 6750 Island Highway North265m

Cafes (5+)

  • Two Sparrows91m
  • Tim Hortons204m
  • Tim Hortons414m
  • Starbucks · 6650 Mary Ellen Drive449m
  • Serious Coffee · 6357 Hammond Bay Road528m

Grocery (4)

  • Walmart Supercentre · 6801 Island Highway North263m
  • Pomme Natural Market · 6560 Metral Drive292m
  • Save-On-Foods · 6901 Island Highway North502m
  • Real Canadian Superstore · 6435 Metral Drive653m

Shopping (3)

  • Woodgrove Centre · 6631 Island Highway North136m
  • Winners218m
  • Winners702m

Parks (3)

  • Southampton Park · 6544 Southampton Road542m
  • Dunbar Park · 6636 Green Acres Way712m
  • Saxer Park · 6500 Dover Road756m

Gyms (2)

  • Fitness Experience384m
  • Tiger Martial Arts469m

Pharmacies (3)

  • Costco Pharmacy418m
  • Unnamed585m
  • Shoppers Drug Mart663m

Banks & ATMs (5+)

  • Island Savings34m
  • RBC Royal Bank95m
  • Coast Capital Savings · 6581 Aulds Road235m
  • Scotiabank · 6750 Island Highway North244m
  • RBC Royal Bank · 101 Aulds Road250m

Healthcare (4)

  • Connect Hearing354m
  • Skin Care West Dermatology · 6545 Portsmouth Road396m
  • CBI Health555m
  • Nanaimo Denture Clinic575m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this fast food restaurant?

The asking price is $199,900.

Where is this business located?

This listing is located in Nanaimo, 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.