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2 605 KLO Road, Kelowna

Property Description

An exciting opportunity to own a well-established bubble tea business in a prime downtown Kelowna location! Rich Tea is a popular local bubble tea business with an established customer base and brand recognition. Purchasing an already-established location for a much cheaper price compared to the cost of starting a new franchise($530,000-$689,000). The store has an impressive spacious and functional setup, AND it has been newly renovated with a full commercial kitchen. The business is located near Okanagan college, UBCO Downtown campus and growing cohort of highrise condo & commercial development. The long-term lease and and plenty of parking spaces offer stability and convenience. With roughly 963 square feet, the store seems like a manageable size for day-to-day operations. (id:43014)

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Full Address:
2 605 KLO Road, Kelowna, British Columbia
Price:
$ 188,000
MLS Number:
10326452
List Date:
October 18th, 2024
Neighbourhood:
Lower Mission

Property Details

Interior Features

Sewer:
Municipal sewage system
Water:
Co-operative Well
Zoning:
Commercial
Garage:
Other

Building Features

Finished Area:
963 sq.ft.

Floors

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Charles ChenOffice: RE/MAX Crest Realty

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An exciting opportunity to own a well-established bubble tea business in a prime downtown Kelowna location! Rich Tea is a popular local bubble tea business with an established customer base and brand recognition. Purchasing an already-established location for a much cheaper price compared to the cost of starting a new franchise($530,000-$689,000). The store has an […]
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2 605 KLO Road, Kelowna

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Lower Mission

Lower Mission real estate is considered by many to be the gem of Kelowna. Located on the east side of the Okanagan Lake, just south of Kelowna's downtown. This desirable area is home to some of Kelowna's best beaches, as well as many boutiques, cafes, banks, and medical offices. In the heart of the Lower Mission you'll find Pandosy Village: an area peppered with family run businesses and noticeably void of big box chain stores. The residential real estate market in the Lower Mission offers something for everyone, from town homes, condos, vacation rentals, gated communities, family homes, to luxurious multi-million dollar lakefront homes.

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