Internal Ref: M2231
Summary
SBX Code: M2231 - A new creative and unique bubble tea business with great upside growth potential. Opportunity to change different food business using existing shop fittings.
Rent
$3,075 pw
Net Profit
$0 pw
Location Details
Prime location in busy shopping centre food court of Eastern suburbs.
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 of takeaway business using existing shopping fittings and equipment.
Hours
7 days - 11 am to 7 pm.
Lease
5 years lease commenced May 2023. - 3% plus CPI annual rental increases. Bank guarantee $55,000
Employees
One owner ( working part-time ) plus 2 staff
About the Business
Bubble Tea - Milk Tea -Takeaway - Eastern Suburbs
SBX Code: M2231
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. The business is not being sold on figures, it is sold on walk in and walk out conditions with new shop fittings. All recipes of menu and supplies will be provided by vendor for a new motivated owner.
Features
Busy location. Unique products with high margins. New shop with high quality fitout. Great upside growth opportunity for this young business.
Premises
Modern designed and brand new shop with an area approx. 25 m2.
Comments
A good buy opportunity for a bubble tea lover. The vendor owns two stores with same business name ( other stores business code is M2230 ). Opportunity to buy two stores together with discount price or separately.
SBX Code: M2231
SBX Business Brokers
Connect with us