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Unit A 1607 Centre Street NW
Crescent Heights Calgary T2E 2S2

$89,000
Commercial

Main Photo: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
Photo 1: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
Photo 2: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
Photo 3: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
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Photo 10: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
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Photo 14: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
Photo 15: Unit A 1607 Centre Street NW in Calgary: Crescent Heights Retail for lease : MLS®# A2196954
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2196954
Build. Type:
Retail
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!
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Lease
Lease Rate:
$2,500.00
Lease Payment Frequency:
Annually
Lease Measure:
Fixed
Possession:
Possession Date:
Building Type:
Retail
Total Building Area:
620 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
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Reg. Size:
Reg. Size Includes:
Year built:
1958 (Age: 67)
Bathrooms:
- (Full:-, Half:-)
Plan:
4714N
Structure Type:
Retail
Ensuite:
No
Garage:
0
Crescent Heights
n/a
None Known
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-COR1
Listed Date:
Feb 24, 2025
Days on Mkt:
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Listed by Homecare Realty Ltd.
Data was last updated February 25, 2025 at 04:05 PM (UTC)
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™.
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