7777 Weston Road 107
Fantastic opportunity to take over a Kungfu Tea franchise in Vaughan, located in the Centro Square Mall with store fronting Hwy 7. This prime location benefits from dense foot traffic from residents and office workers living/working in this multi-use complex with 2 condo buildings, a retail mall and an office building attached. Kungfu Tea (Weston/Hwy 7) has achieved remarkable profits since its launch in 2021. This busy tea shop with a base of loyal customers benefits from the global reputation and support of the internationally renowned Kungfu Tea franchise. With a proven business model and strong brand recognition, sales remain consistent through both walk in and online orders regardless of season. Investing in Kungfu Tea (Weston/Hwy 7) is buying a fully operational business without paying the initial Franchise fee, renovation cost, and all the equipments and materials needed to startup the business. Franchisor paid an initial setup cost over $230k. This 1274 sq ft unit has a modern interior, a washroom and comfortable table/sitting area. Mall provides 3 hr free customer parking. 5 yr lease ends on Dec 31, 2026 with a 5 yr renewal option. 2025 monthly net rent $4034.33 + TMI and CAM $2328.38. Full training and support will be provided by the franchisor. This complete turn-key operation is an opportunity you don't want to miss. You can also turn it into other brand of cafe/fast food/restaurant if you wish.
Features of 7777 Weston Road 107
| MLS® # | N12395909 |
|---|---|
| Price | $50,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Sale Of Business |
| Status | Active |
Community Information
| Address | 7777 Weston Road 107 |
|---|---|
| Area | York |
| Neighborhood | Vaughan Corporate Centre |
| City | Vaughan |
| Province | ON |
| Postal Code | L4L 0G9 |
Amenities
| Garage Type | Outside/Surface |
|---|
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | CENTURY 21 HERITAGE GROUP LTD. |
|---|
