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Main Photo: 100 608 Broughton St in Victoria: Vi Downtown Business for sale : MLS®# 970283
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
970283
Exciting opportunity to own a highly rated turnkey bubble tea shop located in bustling Downtown Victoria and join a world-renowned Bubble Tea Franchise. Xing Fu Tang originates from Taiwan and it aims to create an extraordinary cultural experience and bring the most authentic and original Taiwanese beverages to all bubble tea lovers. Since the Victoria store opened its doors, its exceptional and high quality menu offerings have continuously attracted locals and tourists alike. With its central location, high foot traffic, amazing leasehold improvements, updated equipment, and strong franchise support, this bubble tea shop holds immense potential for aspiring entrepreneurs. Great lease in place, one designated parking.Franchise is offering great incentives and discounts on royalty fee and inventory supplies for the future owner of the shop. The sale includes exclusive franchise rights of Vancouver Island. Great cash flow, strong franchise support,call to find out more!
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease, Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Name:
The Sovereign
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jul 11, 2024
Original Price:
220000.0
  • Photo 1: 100 608 Broughton St in Victoria: Vi Downtown Business for sale : MLS®# 970283
    Photo 1 of 1
Listed by Pemberton Holmes - Cloverdale
Data was last updated March 28, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$785,000
Min list price:
$50,000
Max list price:
$6,000,000
Avg days on market:
66
Min days on market:
1
Max days on market:
802
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.