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$ 299,999
Est. payment | /mo
1,262 SqFt
$ 299,999
Est. payment | /mo
1,262 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,262 sqft
Price per Sqft $237
Subdivision Bridgeland/Riverside
MLS Listing ID A2274057
Year Built 2022
Property Sub-Type Mixed Use
Property Description
This presents a RARE OPPORTUNITY to acquire an ESTABLISHED and FULLY OPERATING RENOWNED HIGH-END INTERNATIONAL BRAND bubble tea business in a CENTRAL CALGARY LOCATION with strong visibility and STREET FRONT EXPOSURE. Buyers can step into a WELL FUNCTIONING BUSINESS with NO BUILD OUT PERIOD, as all equipment fixtures approvals and operational systems are already in place. Compared to opening a new franchise of the same brand, the overall START UP INVESTMENT required for this existing business may be SIGNIFICANTLY LOWER and the TRANSITION TIME MUCH SHORTER, as there is no need to secure a new lease complete construction or obtain new licensing before operating. The current owner will provide full on-board training and has indicated a willingness to assist with a guidance on RENEWAL RELATED MATTERS with the franchisor, resulting in often much better benefits than new franchisee. The buyer will inherit the EXCLUSIVE TERRITORY RIGHTS FOR CALGARY as indicated by the seller, including a RENEWED FRANCHISE AT NO FEE and the possibility of NO INITIAL FRANCHISE FEE FOR FUTURE LOCATIONS WITHIN CALGARY, all subject to franchisor approval. With these combined advantages this offering provides STRONG VALUE for qualified purchasers. Serious inquiries please contact your agent for further information.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Interior
Inclusions All business related assets will stay
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions None Known
Listed by Royal LePage Benchmark