About the Business

​This franchised bubble tea business is one of the most recognised bubble tea brands established over 12 years and continues to expand rapidly across Australia with approximately 130 stores.

The business is located in a bustling shopping centre in a Southern Brisbane community with high foot traffic surrounded by cinema, banks, popular Asian restaurants, eateries, bakery, Asian supermarkets and Coles.

The rent is reasonably cheap of $1,500 weekly (inclusive OG & GST) with a lease managed by the franchisor who has the capability to get the best terms for the franchisee. This business is very simple and well-established with a vast loyal customer base and a steady influx of new customers who are enticed by the franchisor's effective product strategies and marketing campaigns. The business can be transformed into a 100% under management business supported by a capable and experienced team, allowing the owner to be hands-off and not involved in the daily operations.

The business enjoys weekly sales of between 5.5K to 7.5K with annual netting of close to $90,000 (including the owner's part time wage). This business offers a turnkey opportunity for any motivated entrepreneur or business partners to own a thriving venture without the need for day-to-day management whilst taking advantage of the franchisor's aggressive business development strategy to move this business to a new height.

This is also a perfect business for the Visa 188A applicant given with its simplistic business model and operation.