Active

Centre Centre Street NW

Calgary Alberta, T2E 2S2

$89,000


$143.55 per sqft

Active

620 sqft

Commercial

Built in 1958

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!

A2163154

MLS ID

September 5, 2024

Listed

November 22, 2024

Updated

Map

Centre Centre Street NW
Calgary Alberta, T2E 2S2

Other Property Details

Days on Market

64


Garage

No


View

No


County

Calgary


Pool

No


Zoning

C-COR1

Listing History

Date

Event

Price

9/20/2024

Price change

$89,000

-19%

Courtesy of Homecare Realty Ltd., Mark Wang

Listing Contact: 587-432-1588 

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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Data last updated 9:17 AM UTC, 11/22/2024

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