$89,000
Centre Centre Street NW Calgary, AB T2E2S2
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Nick Penney
info@nickpenney.com
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Nick Penney
info@nickpenney.com$89,000
Est. payment /mo
620 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 620 sqft
Price per Sqft $143
Subdivision Crescent Heights
MLS® Listing ID A2163154
Originating Board Calgary Real Estate Board
Year Built 1958
Property Description
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:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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Listed by Homecare Realty Ltd.
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Nick Penney