Naam Restaurant, a Vancouver vegetarian establishment, listed on the market

For many years, Nam in Vancouver’s Kitsilano neighborhood has been a go-to place for folks in search of 24-hour vegan consolation meals. However now the restaurant’s future is in jeopardy because the longtime house owners have listed it on the market.

The enterprise, together with the property — which features a two-bedroom suite upstairs — is listed for slightly below $8 million.

“It is surprising,” mentioned Glenn DeLucas, basic supervisor of The Identify. “We’re all nonetheless processing it.”

DeLucas, who began working on the restaurant as a cook dinner within the Nineteen Nineties, mentioned the house owners are of their 70s and “wish to wash their fingers of every little thing.”

Glenn DeLucas, Nam’s basic supervisor, is pictured on the restaurant in September 2019. (Maggie MacPherson/CBC)

He mentioned that rising bills together with wage tax, wages and provides are a relentless problem and it’s tough to show it into revenue. The itemizing places the enterprise at $1.5 million in annual income.

The restaurant, which included a grocery retailer, took the Nam Nam identify in 1969 when Kitsilano was often called a hippie sizzling spot. In 1989 it switched to 24-hours, which continued till an epidemic pressured a quick shutdown. When it reopened, staffing was tough, DeLucas mentioned, and the restaurant now closes at 11 p.m.

See | Prospects lament doable closure of beloved Vancouver restaurant:

Vancouverites react to native vegan group being put up on the market

For folks in search of 24-hour vegetarian consolation meals, Nam in Vancouver’s Kitsilano neighborhood has been a go-to spot for many years. However now the restaurant’s future is in jeopardy, because the longtime house owners checklist it on the market.

A lot of the menu has remained constant over time, with gadgets like veggie burgers and sesame fries with miso gravy, Mexican dishes and dragon bowls.

“So a few years, so many recollections and modifications all through my life and the identify has been a relentless by all of it,” DeLucas mentioned, noting that many workers members have been there longer than he has.

The actual property itemizing advertises the property as a future redevelopment website, but it surely additionally highlights a “excessive profile” restaurant on the bottom flooring.

DeLucas mentioned he would not know what the longer term holds for him, the workers and the restaurant. The brand new house owners might preserve issues going, or perhaps it will not promote.

“Possibly I will discover the proper formulation to maintain us deployed,” he mentioned.

On September 9, 2022, vegetarian meals is served at The Identify. (Amelia MachHour/CBC)

In keeping with DeLucas, if the constructing is offered for redevelopment, there’s at all times the chance {that a} restaurant with most of the similar folks and recipes might ultimately reopen in one other location.

“For now we’re right here. I will preserve steering the ship and preserve going so long as I can,” he mentioned.

And whereas clients are coming in and having fun with the traditional dishes, DeLucas mentioned the true property itemizing hasn’t yielded something but.

“To date there have been no bites.”

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