Trust. Honesty. Integrity. Clemente Property Group Victoria, BC, Canada
$239,000 - ML# 862884
F25 - 1644 Hillside Ave
Victoria - Vi Hillside

This is only a guide. Please verify this information with your mortgage specialist.

Le Tea originated from Hong Kong and is an infusion of traditional tea art and modern elements. It is a brand that honours quality and the production process. Le Tea chooses tea that grows with original ecology and uses fresh fruit for additional ingredients. Le Tea has a personalized technique and a unique way of making its offerings and this has helped Le Tea to become a popular beverage store among all different age groups. " Le Tea is a franchise operation offering Bubble tea. The Seller is offering the business for sale as a "Share " sale. This will allow the buyer to benefit from tax losses going forward and shelter any income for a number of years. The return of a Company deposit in 2 years will effectively reduce the purchase price by about $75,000. There are a number of other benefits accruing from a "share" purchase that we and your accountant can explain to you.

Title:
Leasehold 
Transaction Type:
 
Includes Building:
No 
Includes Business:
No 
Includes Land:
No 
Sale/Lease Type:
Assignment of Lease,Sale Of Shares 
Possession:
 
Possession Notes:
 
Taxes:
$1.00 (2021) 
Year Built:
 
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Existing Lease Expiration Date:
 
Business Name:
Le Tea 
Business Established:
 
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Net Income:
 

Building Details

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Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
Acres:
0.00 
Total SqFt:
226 
Lot:
 
Lot Shape:
 
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Water:
Municipal 
Waste:
Sewer Available 
Parking:
 
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Strata Information

Complex:
 
Managed By:
 
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Listed with:

DFH Real Estate Ltd.
Phone: 250-889-4000 / Fax: 250-477-3161

DFH Real Estate Ltd.
Phone: 250-881-5999 / Fax:

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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.