Centre Centre Street NW Active

Calgary,AB T2E2S2

$ 89000

- Bed

- Bath

620 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 620 sqft

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

Parking Features No

View Y/N No

Private Pool No

Others

Acceptable Financing Yearly

Listing Terms Yearly

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