Internal Ref: M2230
Summary
SBX Code: M2230 - A new creative and unique products bubble tea business with upside growth potential. Opportunity to change different food business using existing shop fittings.
Rent
$1,355 pw
Net Profit
$1,345 pw
Location Details
Prime shopping street front location opposite railway station in North West suburb
Potential
Continue same business model with promoting marketing. Could develop franchise business opening more stores in different location. Could change to cafe or other food takeaway business using existing shop fittings and equipment. A full time owner operator could save on wages and make more profit
Hours
7 days - 11 am to 9 pm.
Lease
3 + 3 years lease commenced June 2022. - 4% annual increases. - 3 months rental bond.
Employees
One owner ( working part-time ) plus 1-2 staff
About the Business
Bubble Tea- Milk Tea- Takeaway - North West Sydney
SBX Code: M2230
Bubble tea takeaway business with creative and unique products offering wide selection of milk tea, fruit tea, latte, yogurt smoothies and egg waffle etc. Most of ingredients imported from overseas with massive reduced cost of goods and makes high margins of products. Own the business website. All recipes of menu and supplies will be provided by vendor for a new motivated owner.
Features
Good location. Unique products with high margin. New shop with high quality fitout. Great upside growth opportunity for this young business.
Premises
Modern designed and brand new shop with area approx. 50 m2 including large commercial kitchen.
Comments
A good buy opportunity for bubble tea lover. The vendor owns two stores with same business name (the other stores code is M2231 ). Opportunity to buy two stores with discount price or buy separately.
SBX Code: M2230
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