Centre Centre Street Nw, Calgary, Alberta

$89,000

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About Centre Centre Street Nw

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!

Features of Centre Centre Street Nw

MLS® # A2163154
Price $89,000
Bathrooms 0.00
Acres 0.00
Year Built 1958
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address Centre Centre Street Nw
Subdivision Crescent Heights
City Calgary
County Calgary
Province Alberta
Postal Code T2E 2S2

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 5th, 2024
Days on Market 64
Zoning C-COR1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomecare Realty Ltd.

Listing Map

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