496 Drake Street, Yaletown, Vancouver

$599,000 |   MLS® Number  C8064455

Business for sale in Yaletown, Vancouver, Vancouver West, 496 Drake Street, 224969524 | Realtylink.org

Business for sale

Floor Area
1,900 sqft
Building Type
High-Rise (5+ storeys), Mixed Use, Residential Mix
Zoning
CD-1
Amenities
Other
Major Business Type
Food & Beverage
Minor Business Type
FB - Fast Food
Business Name "doing business as"
Kurotaki Bubble Tea House
Business Operating Since
2019
Confidentiality Agreement Required
Yes
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The popular "Kurotaki Bubble Tea House" is located in Yaletown, adjacent to offices, stores, and high-rise residences. With an investment of nearly $600000 in renovations, 1900 sft space is vibrant and lovely. From the lofty ceiling to the twinkling neon lights and uniquely designed table areas with cushioned chairs, the ambiance is spacious and comfortable with a total seating capacity of 50 or even more. Lease terms until 2028 PLUS 2 options to renew for 5 years each! Current Net Rent is about $7000 + GST. The restaurant has received very positive online reviews for its delightful menu featuring signature recipe chicken and bubble teas without franchise fees. Additionally, it offers a variety of cocktails, beers (including draft beer), liquors , hamburgers, waffles, and rice dishes & Beef noodles to provide customers with a diverse experience. Easy to operate with full training provided. Showings by appointment ONLY. Please contact realtor for more info.