107 - 7777 Weston Road Vaughan (Vaughan Corporate Centre), Ontario L4L 0G9
$99,000
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. (id:41954)
Property Details
| MLS® Number | N12395909 |
| Property Type | Business |
| Community Name | Vaughan Corporate Centre |
| Features | Elevator |
Building
| Age | 6 To 15 Years |
| Appliances | Freezer, Furniture |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 1274 Sqft |
| Size Interior | 1274 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Zoning Description | Commercial |
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September 11 2025 01:47:53
Toronto Real Estate Board
Century 21 Heritage Group Ltd.