Grande Prairie, AB T8V 4B4,9823 116 AVE
Grande Prairie, AB T8V 4B4,9823 116 AVE
2
$100,000
$150,000
33.3%
Est.Price: ?

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9823 116 AVE Grande Prairie, AB T8V 4B4

Est. payment /mo
SOLD DATE : 09/23/2023

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Key Details

Sold Price $100,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Vla Montrose

MLS® Listing ID A2041089

Sold Date 09/23/23

Originating Board Grande Prairie

Year Built 1976

Property Description

Highly profitable and well-established bubble tea and juice business in Grande Prairie. The business was founded in 2019 and has been operating successfully at its current location since August 2020, building up a loyal customer base and a strong reputation for serving high-quality, delicious drinks and snacks in a welcoming and stylish environment. This multi-awarded business has been recognized by the community and industry for its outstanding products and service, which has helped to build its strong reputation and loyal customer base. The business is being offered for sale as a turn-key operation, with all the equipment, inventory, recipes, and marketing materials included. The buyer can simply rebrand the business and start serving their own unique drinks and food items, or continue with the current offerings and build on the business's success. One of the many benefits of purchasing this business is that the current hardworking staff has expressed a desire to continue working for the new owners and stay with the business. This would provide a smooth transition for the new owner and ensure that the business continues to operate efficiently and effectively. The equipment included in the sale is valued at over $40,000, and includes a new $14,000 ice machine, $14,000 worth of bubble tea supplies, a $14,000 ventless fryer, a $1,200 coffee machine, and other essential items. The inventory is valued at $15,000 and includes all the ingredients, toppings, and other supplies needed to make the business's signature drinks and snacks. The business has a strong marketing strategy, which includes social media and local advertising. The buyer will receive all the marketing materials and guidance needed to continue promoting the business and attracting new customers. Overall, this is an excellent opportunity for anyone looking to enter the bubble tea and juice market or for an existing business owner looking to expand their offerings. With its established customer base and profitable operations, this turn-key business is ready for a new owner to take it to the next level.

Location

Province AB

County Grande Prairie

Zoning CA

Others

Restrictions None Known

Tax ID 75840981

Ownership Private

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Listed by Sutton Group Grande Prairie Professionals

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018

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