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Newport Realty Newport Realty Ltd.
REALTOR®, Victoria, BC

$750,000

102 - 345 Latoria Rd
MLS® NO: 1026870

Description

Proven fast-casual franchise opportunity located in one of Victoria's fastest-growing communities. This well-established Canadian Brand originated in Victoria's Chinatown and has since expanded nationwide, offering strong recognition and long-term stability. Approximately 1,300 sq. ft. wiht a high-quality, modern build-out completed at a cost of approximatley$780,000. Opened October 2023, this turnkey operation features an efficient layout and excellent visibility in a prime location. Business is fully staffed wiht trained employees and is currently operating with minimal owner involvement, making it suitable for both owner-operators and hands-off investors. Monthly rent approx. $7,300. Franchise royalty 6% plus 2% marketing. Sales continue to trend upward with expectations to approach or exceed the $1M range in the near term. Flexalbe acquisition structure available, including business asset purchase or share purchase options (subject to due dilligence).

General

Property Type:Business

Site Influences

Lot SqFt: 1,538
Acres: 0.04

Property Details

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.