Bubble Tea – Milk Tea -Takeaway

For Sale

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Eastern Suburbs

Business Code: M2231

$150,000.00
+ Estimated Stock (SAV) $5000
Key Features: Busy location. Unique products with high margins. New shop with high quality fitout. Great upside growth opportunity for this young business.
State: NSW
Suburb: Bondi Junction
Location: Prime location in busy shopping centre food court of Eastern suburbs.
Premises: Modern designed and brand new shop with an area approx. 25 m2.
Price not disclosed

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Going overseas

Sale Reason

May 2023

Established

Centre parking

Parking

One owner ( working part-time ) plus 2 staff

Employees

7 days - 11 am to 7 pm.

Trading Hours

5 years lease commenced May 2023. - 3% plus CPI annual rental increases. Bank guarantee $55,000 for rental bond.

Lease

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.

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.

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.

Weekly Summary

Figures include GST unless stated otherwise

Rent
$3075
Estimated Stock
(Additional)
$5000
Price
$150,000.00
+ Estimated Stock (SAV) $5000

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