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Internal Ref: M2173
Summary
SBX Code: M2173 - Well located and very easy to operate - milk tea business with low cost and high margins. Suit family or inexperienced buyers.
Rent
$945 pw
Net Profit
$3,565 pw
Location Details
Prime busy location next to railway station in Inner West suburb.
Potential
Promote local market. Expand home delivery. Suit family or inexperienced buyers.
Hours
7 days, 1130 am to 9 pm.
Lease
3 + 3 years lease commenced June, 2021. 4% annual increases. 3 months bond.
Employees
One owner plus 5 casuals
About the Business
Milk Tea - Takeaway - Franchise - Inner West
SBX Code: M2173
Franchise takeaway selling delicious and healthy beverages includes top sales of famous royal pearl milk tea, taro milk foam smoothies, matcha red bean, Milk tea with grass jelly, passion fruit green tea, grape green tea with basils seeds etc. Well known international brand with over 100 stores in Australia and 1600 stores across the world. The average weekly takings $9500 includes around $1650 home delivery through Uber and Panda platforms.
Features
Perfect location. Well established for 10 years. Popular high quality and tasty products. Low cost and high margins. Easy operation. Stable profit. Franchise ongoing support. Well priced for quick sale.
Premises
Well presented shop with an area of approx. 70 m2 including large store room and kitchen.
Comments
The rent includes GST. Misc.- 1-Refers to bank fees, water usage, cash register system fee and waste bill. - Misc. -2- refers to franchise fee 5% of takings. New 3 years franchise agreement will be $33,000 with refurbishment required by franchisor at cost between $50k - $100k negotiable. Bargain price A must to inspect.
SBX Code: M2173
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