For sale

5216 KINGSWAY, Burnaby, BC V5H 3P4

Property Description

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 operation 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 Oct 2025 plus 5 years with options 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.

Basic Details
Property Type :
Listing Type : For sale
Listing ID : C8054648
Price : $248,000
Bedrooms : 0
Interior Size : 1,858 Sqft
Bathrooms : 0
Lot Size : 0.04 Acre
Meta Keywords : 5216 KINGSWAY, Burnaby, BC V5H 3P4, ,For sale,5216 KINGSWAY,C8054648
Listing courtesy of : Regent Park Fairchild Realty Inc.
Address Map
Country : CA
State : BC
County : Burnaby South
City : Burnaby
Area code : V5H 3P4
Street : 5216 KINGSWAY
Sub-Area/Community : Metrotown
MLS Addon
Status : ACTIVE
Region : Greater Vancouver
Minor Business Type : FB - Coffee Shop
Zoning/Land Use : BUSINESS
# Storeys : 0
Number of Units : 0
Major Business Type : Food & Beverage
Type : 0
Land Hectares : 0
Real Estate Board : Vancouver
Address Number : 5216
Address Search Number : 5216
Address Street : KINGSWAY
Street Designation : 0
LA3Agent Office ID : 0
Land Sq Meter : 171.87
For sale
  • Listing ID : C8054648
  • Bedrooms : 0
  • Bathrooms : 0
  • Interior Size : 1,858 Sqft
$248,000
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