Restaurants for Sale in BC
British Columbia currently has 508 active restaurants listings for sale. The median asking price is $268,000. Vancouver has the most listings in this category (133). 1% include the underlying property.
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How to buy restaurants in BC
Buying a restaurant in BC means buying two things at once: the operating business and the lease it depends on. Most restaurants require a Food Premises Permit from the local health authority (Fraser Health, Vancouver Coastal Health, Island Health, Interior Health or Northern Health, depending on location), and if the business serves alcohol, the liquor licence itself must be formally transferred through the BC Liquor and Cannabis Regulation Branch (LCRB) — it does not automatically follow a change of ownership. Before making an offer, review the remaining lease term, any demolition or redevelopment clause, and whether the landlord's consent to assignment is required. Kitchen equipment condition and any outstanding health-authority inspection orders are worth a professional walkthrough before closing.
General information only, not legal or regulatory advice — requirements vary by municipality and change over time. Verify current requirements with the relevant licensing body before making an offer.
Frequently asked questions
Does the liquor licence transfer automatically with a restaurant sale?
No. A liquor licence is tied to the licensee, not the premises, so any change of ownership requires a formal transfer application to the LCRB, including a background check on the new licensee. Buyers should confirm licence status and start the transfer process early, since it can take weeks.
What should I check about the lease before buying a restaurant?
The remaining term and renewal options, whether the landlord must consent to an assignment of the lease, any demolition or redevelopment clause that could end the tenancy early, and whether the permitted use in the lease actually matches the type of restaurant being sold.
Do I need a new Food Premises Permit if I buy an existing restaurant?
Typically yes — health authorities generally require the new operator to apply for their own permit, and may conduct an inspection before or shortly after the ownership change, so build that into your transition timeline.
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