$89,000 FOR SALE

Business for Sale

Centre Centre Street Nw
Calgary, AB T2E 2S2

Exclusive Franchise Opportunity in Prime Calgary Location!Step into success with this thriving Taiwanese bubble tea franchise, strategically located in a high-traffic mall on Centre Street North, Calgary. This well-established business offers immediate profitability with a loyal customer base and consistent yearly revenue exceeding CAD 170,000.Why This Opportunity Stands Out:Turnkey Operation: Benefit from a seamless transition with 2 to 3 weeks of free training provided by the current owner.Prime Location: Situated in a bustling mall, ensuring maximum visibility and foot traffic.Proven Success: Leverage the strong brand recognition and ongoing support from the franchisor.Growth Potential: The high traffic and robust franchisor support provide excellent opportunities for further expansion.Confidential Sale: Protect your investment with a discreet sale process. The exact location and lease details are available for serious buyers only.Financial Overview:Total Initial Investment: The total investment necessary to begin operation of this subfranchised bubble tea business ranged from $200,000 to $400,000. Now, the business is available for sale at a price significantly lower than the initial investment, offering exceptional value for an established and profitable franchise.Operation Cost + Property Management Cost: $1,400/month (including GST)Water and Heat: $500-$700/monthInsurance: $1,425/year (including GST)Trademark Fee: USD $1,800/yearRoyalty: 6% of gross sales per monthLease Details:Lease End Date: Recently renewed, expiring on August 31, 2029Business Operations:Average Sales: 100 cups per dayDelivery Partnerships: Integrated with four major delivery apps—Uber Eats, SkipTheDishes, DoorDash, and Fantuan—along with an online order app from the franchise.Showing Requests: Appointments must be booked in advance; please do not disturb staff.Washroom Cleaning: Alternates with the neighboring shop; cleaned on weekends by this store.Suitable f or New Business OwnersCurrent Employees:One full-time: $16/hour + bonusTwo part-time: $15/hour and $16/hourOne occasional employeeAct Now! This is a unique opportunity to acquire a profitable and established business for a fraction of the original investment cost. With excellent franchisor support and a prime location, this franchise is poised for continued success. Serious inquiries only. Don’t miss your chance to step into a thriving enterprise and elevate it to new heights! (id:47423)

Share

Listed By Homecare Realty Ltd.
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2163154
Last Updated Sep 19, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community Crescent Heights
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Listing Contract Date 2024-09-05
Municipal ID T721858838
Plan 4714N
Property Type Business
Transaction Type For sale
Zoning Description C-COR1
Building
Constructed Date 1958
Size (Exterior) 620 square feet
Total Finished Area 620 sqft
Type Retail
Land
Total Size Unknown

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.