Cafes for Sale — Burnaby, BC
$258,800
5308 GRIMMER STREET, Burnaby, BC V5H0C5
Property details
Structured details
- Zoning
- SGC
Listing Information
- MLS®
- C8081223
- Listed
- August 13, 2026
- Time on market
- 32 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
This thriving **Franchise** offers an excellent opportunity to own a well-established bubble tea business located at in a convenient and well-connected neighbourhood with strong local traffic and a loyal customer base. 1. Prime Burnaby Location: Serves a strong and growing local customer base with excellent neighbourhood exposure. 2. Fully Operational: Includes modern equipment, signature recipes, and an established business setup, allowing for a smooth and immediate takeover. 3. Established Customer Base: Enjoys steady demand from local residents and nearby businesses, providing consistent year-round business potential. 4. Growth Potential: Opportunities to increase revenue through mobile ordering, delivery, catering, marketing, and extended operating hours. 5. Turnkey Opportunity: A great option for an owner-operator looking to step into an established bubble tea business with an existing brand and operational system. 6. Franchise Transfer Support: a smooth transition for the new owner. (id:63159)
Financing calculator
Estimate your monthly payment on the $258,800 asking price.
Financing details
- Monthly debt service
- $2,512
- Cash required at close
- $76,760
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Burnaby)
- Population
- 249,125(+7% since 2016)
- Population density
- 2,750.6/km²
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 38.2%
- Postsecondary below bachelor's
- 24.6%
- High school diploma
- 25.9%
- No certificate/diploma
- 11.3%
Population aged 15 and over.
Commute
- Car, truck or van
- 71.0%
- Public transit
- 21.5%
- Walked
- 4.7%
- Bicycle
- 0.9%
- Other
- 1.8%
Commute duration
- Under 15 min
- 16.3%
- 15–29 min
- 34.5%
- 30–44 min
- 31.7%
- 45–59 min
- 10.2%
- 60+ min
- 7.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Maruhachi Ramen · 5278 Kingsway113m
- Boiling Point · 5276 Kingsway118m
- Kamamarui Ramen & Sushi · 6514 Royal Oak Avenue129m
- MeetRice Noodles · 5226 Kingsway136m
- Indian Wok · 5122 Kingsway145m
Cafes (5+)
- BenGong's Tea · 5308 Grimmer Street51m
- Duoduo Fruit Shop · 5318 Grimmer Street59m
- Sweethoney Dessert · 5358 Grimmer Street71m
- Café 106 · 6588 Royal Oak Avenue79m
- Sugar Lab · 5376 Grimmer Street117m
Grocery (4)
- Boemma Euro Foods & Deli · 5172 Kingsway171m
- Wholesale Club · 5335 Kingsway187m
- Ribbon · 5593 Kingsway344m
- Hannam Supermarket · 5609 Imperial Street382m
Shopping (1)
- Muji · 4700 Kingsway771m
Parks (4)
- BC Parkway283m
- Lobley Park362m
- Unnamed527m
- Bonsor Park632m
Gyms (2)
- Fitness World · 5500 Kingsway193m
- Playground314m
Pharmacies (4)
- Imperial Remedy's Rx Pharmacy · 5262 Imperial Street188m
- London Drugs · 4970 Kingsway489m
- Bonsor Pharmacy & Medical Supplies557m
- Shoppers Drug Mart · 4827 Kingsway759m
Banks & ATMs (5+)
- Vancity · 5064 Kingsway344m
- RBC442m
- TD · 4994 Kingsway461m
- Coast Capital Savings · 4820 Kingsway726m
- Coast Capital Savings738m
Healthcare (5+)
- The Allergy Office · 4980 Kingsway498m
- BoydVision · 4980 Kingsway504m
- Burnaby Hearing Centre · 4980 Kingsway504m
- BC Cancer Breast Screening · 4980 Kingsway508m
- Brooke Radiology · 4980 Kingsway509m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Eastbound Kingsway @ Royal Oak Ave | 149m | |
| Westbound Kingsway @ Denbigh Ave | 168m | |
| Westbound Kingsway @ Royal Oak Ave | 251m | |
| Eastbound Kingsway @ Grimmer St | 260m | |
| Westbound Kingsway @ Macpherson Ave | 305m | |
| Eastbound Kingsway @ Marlborough Ave | 350m |
Nearby cafes for sale
Business0.0km away
0.7km away
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Frequently asked questions
What is the asking price for this cafe?
The asking price is $258,800.
Where is this business located?
This listing is located in Burnaby, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.