Calgary, AB T2E 2S2,Centre Centre ST Northwest
Calgary, AB T2E 2S2,Centre Centre ST Northwest
Calgary, AB T2E 2S2,Centre Centre ST Northwest
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$89,000
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Price Dropped by $20K

Centre Centre ST Northwest Calgary, AB T2E 2S2

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UPDATED:

10/13/2024 06:20 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Crescent Heights

MLS® Listing ID A2163154

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/month
Insurance: $1,425/year (including GST)
Trademark Fee: USD $1,800/year
Royalty: 6% of gross sales per month
Lease Details:

Lease End Date: Recently renewed, expiring on August 31, 2029
Business Operations:

Average Sales: 100 cups per day
Delivery 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 for New Business Owners
Current Employees:
One full-time: $16/hour + bonus
Two part-time: $15/hour and $16/hour
One occasional employee
Act 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!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning C-COR1

Interior

Inclusions All equipments

Building

Dwelling Type Retail

Others

Restrictions None Known


Listed by Homecare Realty Ltd.

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Centre Centre ST Northwest