5216 KINGSWAY
Metrotown
Burnaby
V5H 3P4
$488,000
Business
- Status:
- Active
- Prop. Type:
- Business
- MLS® Num:
- C8051202
- Bus Major:
- Food & Beverage
- Bus Minor:
- FB - Misc Food and Beverage
- Build. Type:
- Commercial Mix
- Schedule / Email
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- Mortgage calculator
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Rare opportunity to own a franchise bubble tea place! High traffic with excellent exposure on Kingsway to the brand name. Newly renovated in 2022, surrounded by lots of offices, schools, and residential. Achieving profitable sales since 2017, stable clientele, and well-trained employees who can work long-term. The seller can provide training. Very easy to operate. This is a proactive and successful franchisor who can provide ongoing local marketing events and immediate operational support to you to establish the branding and help you to the overall success of your store. 1858 sqft with 50+ seats, the lease is until 2025 plus 5 years option to renew, franchise term until 2026 with 3 additional renewal terms of 5 years each, which is a total of 15 years of renewal. A reliable and profitable business that you can operate yourself! Do Not Disturb Staff. Showing by appointment only.
- Sale Type:
- Asset
- Lease Type:
- Gross
- Major Bus Type:
- Food & Beverage
- Minor Bus Type:
- FB - Misc Food and Beverage
- Bus Op Since:
- 2017
- Building Type:
- Commercial Mix
- Name of Complex/Subdivision:
- Signup
- # Other Units:
- Signup
- Total Floor Area:
- 1,858 sq. ft.172.61 m2
- Lot Area:
- 0 sq. ft.0 m2
- Lot Depth:
- 0
- Lot Frontage:
- 0'0 m
- Land Use/Zoning:
- 000000
- Permitted Use:
- Retail
- Taxes:
- $0 / 0
- Roof:
- Signup
- Env Assmt Phase:
- Not Applicable
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Listed by Regent Park Fairchild Realty Inc.
Data was last updated June 4, 2023 at 09:10 PM (UTC)
- Jean Seguin
- RE/MAX Crest Realty
- 1 (778) 785-2135
- sales@restaurantbusinessbroker.ca


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