Can i open a profitable business in Canada with only 75k CAD

[Tokibaee]

i am a new immigrant and I was wondering whether 75k can help me open a profitable business in Vancouver without having to go through the tiring process of finding a job..

 

[steaky]

Yes, 75k can help you open a business in Vancouver. Despite some listings said they are profitable (like the below), I'm not sure!

https://www.realtor.ca/Commercial/Business/18815354/505-595-BURRARD-STREET-Vancouver-British-Columbia-V0V0V0

 

[Tokibaee]

Thanks for the speedy reply. The cost listed for the restaurant is 59,900. Is that the purchase cost or the lease cost. I am a bit confused sorry

 

[steaky]

Business only, probably. Real estate in Vancouver is still high for commercial properties.