$89,000
( )
 $478 forsale estimated payment Sourced by Back At You

Centre Centre Street , Calgary, AB T2E 2S2

Calgary, AB T2E 2S2

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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 appsUber Eats, SkipTheDishes, DoorDash, and Fantuanalong 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 for 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!

Details

MlsA2163154
Listing TypeFor Sale
StyleCommercial
SubtypeResale
StatusActive
Year1958
Days On Site93
Listing Provided ByHomecare Realty Ltd. | Mark Wang

Features

Sq Feet620
ZoningC-COR1
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Learn More About This Property

StateAB
CountyCalgary
CityCalgary
Zip CodeT2E 2S2
AreaCalgary
Community NameCrescent Heights
Listing VS Median (in Crescent Heights)
Price:
$89,000
low | high
Med:
$335,000
100% of Average
SqFt:
620
low | high
Med:
340
95.161290322581% of Average
$ / SqFt:
$144
low | high
Med:
$985
100% of Average
On Site:
93
low | high
Med:
211.000000
44.075829383886% of Average
Sourced by Back At You
Listing Updated: October 13, 2024 at 1:24:35 AM PDT