Business Code:
Too far away from home and involved in other professional job.
Sale Reason
Jan 2019
Established
Free centre parking
Parking
Under management-11 casuals-most are juniors ( 2-3 staff daily ).
Employees
7 days - 10 am to 7 pm. Thursday till 9 pm. Saturday till 8 pm.
Trading Hours
5 years lease commenced 19 January 2021 - CPI. + 2.5% annual increases. -3 months bond.
Lease
Franchise selling popular milk tea drinks and yoghurt including milk tea series, purple rice and fruit yoghurt series, mango coconut series etc. and using the original and freshest ingredients to create healthy and delicious drinks. The signature drinks are mango milk flower and mango sago. Popular brand milk tea business. Around 35 stores in Australia. This stores takings include around 10% home delivery through online ordering system.
Features
Great location. Excellent fitout. Franchise ongoing support. Easy operation by juniors.
Potential
Great upside potential. A hands on motivated owner operator could boost sales and make more profit. Suits family business.
Comments
The rent includes all outgoings. Misc.- 1-Refers to franchise royalty fee currently 3% of sales. New royalty fee will be discussed. Keen vendor wants quick sale due to the business being too far away from home and is also involved in a full time job. A good buy opportunity for an investor or an owner operator alike. A must to inspect.
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