Property Type

Business

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:6769

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Listing data last updated date: 2024-09-27 02:36:48

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Listing Agent: Mark Wang

Brokerage: Homecare Realty Ltd.