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.