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Renanza Realty
For sale

221 GLENDALE AVENUE

St. Catharines (Glendale/Glenridge), Ontario

MLS® X13809312

$289,000

Status
Active
Property type
Business
MLS® number
X13809312
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
X13809312
Property type
Business
Leasable Area
1,137 sq ft
Annual property taxes
$33,628.22
Days on market
7 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $289,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,345 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BAY STREET GROUP INC., MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.