Calgary, Alberta Not Provided

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List Price
$199,900
Status
ACTIVE
MLS® #
A2274057
Price Change
▼ $50,099 1783314370
Days on Market
290
Year Built
2022
Area
Calgary

Property Description

***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.

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Calculator source: Real Geeks

Courtesy of Royal LePage Benchmark.

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™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .