1 / 6461 - Glendale/Glenridge · For sale
221 Glendale Avenue, St. Catharines, ON L2T 2K9
$199,998
- Status
- For sale
- List price
- $199,998
- Bedrooms
- 0
- Bathrooms
- 0
- Type
- Sale Of Business
- Days on market
- 50
- MLS®
- X13809312
- Listing brokerage
- BAY STREET GROUP INC.
Property 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.
Property details
- Garage
- Outside/Surface
- Cooling
- Yes
- Lot dimensions
- 0 × 0 Feet
- Heating
- Gas Forced Air Open
- Annual taxes
- $33,628.22 (2026)
- Possession
- TBD