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32081 Lougheed Highway
Mission BC Mission V2V 7P8

$595,000
Business

Status:
Active
Prop. Type:
Business
MLS® Num:
C8079537
Bus Major:
Food & Beverage
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.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Business
Commercial Type:
Food & Beverage
Business Type:
Food & Beverage, Restaurant
Living Area:
4,735 sq. ft.
Minimum Divisible Area:
4,735 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
300027759
No
Yes
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Real Broker B.C. Ltd.
Data was last updated June 12, 2026 at 02:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.