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Active
MLS® N12395909

Unit 107 - 7777 Weston Rd

Vaughan, ON L4L 0G9

$50,000

Type

Sale Of Business

Age

6-15 yrs

Taxes (2025)

$11,038.68

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Description

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.

Price & Status History

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Property Details

Property TypeSale Of Business
CommunityVaughan Corporate Centre
Approximate Age6-15
Dir/Cross StWeston Rd/Hwy 7
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary
Taxes (2025)$11,038.68
Maintenance Fee$1,514.65/Monthly
HSTIn Addition To
SecurityYes
Listed Date9/11/2025
Days on Market213 days
PossessionTenant
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

CENTURY 21 HERITAGE GROUP LTD.

This listing is provided through the TRREB MLS® System.

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MLS® #N12395909