221 Glendale Avenue,St. Catharines (Glendale/Glenrid, ON L2T2K9
St. Catharines (Glendale/Glenrid, ON L2T2K9
Description
Turnkey bubble tea franchise resale in Niagara's premier regional shopping centre. Located in the Pen Centre, Niagara's largest enclosed mall (1.1M+ sq. ft., 180+ stores, daily exposure to a high-volume family and student trade area). This 1,137 sq. ft. inline food service unit is an established, fully built-out location with all equipment, fixtures, leasehold improvements and signage in place - simply step in and operate.The brand is a world-leading international bubble tea concept with 2,500+ locations across 53 countries, backed by strong corporate support, national marketing, proprietary supply chain and ongoing new-product development. Compared with opening a brand-new location (where total investment typically runs $480,000-$680,000 all-in), this resale offers an established trade, trained staff and immediate cash flow at a fraction of the build-out cost.Lease runs to March 2034 with additional renewal options; franchise agreement has two further renewal terms. Ideal for an owner-operator or an existing multi-unit operator looking to add a profitable, high-visibility unit in one of the Niagara Region's strongest retail nodes. Showing by appointment only - please do not approach staff or walk in directly. Buyer covers franchise/lease transfer fee. (id:13843)
Details
| MLS # | X13809312 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 43 |
| Listing Provided By | BAY STREET GROUP INC. | ANTONY HAN |
Features
| SQ Feet | 1,137 |
|---|---|
| Zoning | Comercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 33628.22 |
|---|
Area Information
| Province | ON |
|---|---|
| City | St. Catharines (Glendale/Glenrid |
| Postal Code | L2T2K9 |
| Listing VS Median (in L2T2K9) | |
Price: $199,998 low | high Med: $219,499 sqft: 1,137 low | high Med: 765 $ / sqft: $176 low | high Med: $393 On site: 43 low | high Med: 56 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | St. Catharines (Glendale/Glenrid |
| Postal Code | L2T2K9 |
| Listing VS Median (in L2T2K9) | |
Price: $199,998 low | high Med: $219,499 sqft: 1,137 low | high Med: 765 $ / sqft: $176 low | high Med: $393 On site: 43 low | high Med: 56 | |
