$199,900

Type
Business
Status
Active
Living area
1,262 sqft
Year built
2022
MLS®
A2274057

About this property

***SERIOUS INQUIRY ONLY & NDA MUST BE SIGNED before confidentiality information is released***Prefer Buyer has their own representation/Realtor*** This presents a RARE OPPORTUNITY to acquire an ESTABLISHED and FULLY OPERATING RENOWNED HIGH-END INTERNATIONAL FRANCHISE 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. (id:66946)

Listing courtesy of Royal LePage Benchmark. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.