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$ 110,000
Est. payment | /mo
1,492 SqFt
$ 110,000
Est. payment | /mo
1,492 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $73
Subdivision Gasoline Alley
MLS Listing ID A2254590
HOA Y/N No
Property Sub-Type Retail
Property Description
An exceptional opportunity to acquire the only bubble tea shop in Alberta with drive-thru service, located in the vibrant Gasoline Alley corridor. Spanning 1,492 sq. ft., this fully built-out space is designed for seamless dine-in and drive-thru operations, surrounded by a strong mix of national and local businesses that generate steady traffic to the area.
The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor.
This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information.
The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor.
This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information.
Location
State AB
County 0263
Interior
Inclusions Seller to provide asset list upon accepted offer.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by TREC The Real Estate Company