Listing status: Inactive
Reason: --
Milk Tea - Takeaway - Franchise - Milk Tea - Popular global brand - Inner West location - Net $4,980 p.w. - M2155
Milk Tea - Takeaway - Franchise - Milk Tea - Popular global brand - Inner West location - Net $4,980 p.w. - M2155
Industry :
Food/HospitalitySub Industry :
Takeaway FoodMilk Tea - Takeaway - Franchise - Inner West - Agent SBX Code Number: M2155
Takeaway market leading milk tea franchise business selling delicious and healthy beverages and specialising in fresh milk tea, fruit tea and cream cheese foam products such as black milk tea with panna cotta, grapefruit green tea slush with fruit jelly, fresh strawberry latte with panna cotta, chocolate latte with panna cotta etc. A famous milk tea international brand with 25 stores Australia wide. Summer season the takings reached $20,000 per week. Set up at cost around $400k. 10 seats
Potential
Great potential for this young business. Promote local market. Develop group purchase for company functions, family parties and team activities etc.
Features
Busy location. Brand new and attractive fitout. Popular high quality and taste products. Large customers base. Franchise ongoing support. Easy operation. Huge growth potential.
Premises
Unique and artistic designed shop with an area of 76 m2 includes kitchen and storage plus approx.10 m2 store room downstairs.
Location
Prime busy location next to railway station and new food shopping centre in Inner West.
Trading Hours
7 days, 11 am to 1030 pm. Friday & Saturday till 11 pm.
Lease
3 + 3 years lease commenced March 2021. CPI increases. 3 months bond.
Employees
2 owners (one working full time and one working part-time) + 5-6 shift staff
Comments
Misc. 1 = Refers to franchise fee 3.5% + 2% marketing fee for shop sales and 2% charged for home delivery through internet platforms. This is a very popular global brand business with favourite milk tea lovers and young fans. Please do not speak to the shop staff when visiting the business. Inspection must be through SBX Business Brokers.
Figures
Weekly Sales $17000
Rent (ex GST) $2307
Wages $3000
Profit $4980
Agent SBX Code Number: M2155 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$350,000
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These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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