Franchise - Takeaway - Tea - Franchise tea business - Sydney CBD - High margins - Net $5,570 p.w. - M2112

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Franchise - Takeaway - Tea - Sydney CBD - Agent SBX Code Number: M2112

Takeaway franchise selling delicious and healthy beverages and specialising in fresh tea products such as classic pearl milk tea and fruit tea. - Well known International brand with over 1000 stores worldwide includes 70+ secured sites Australia-wide.

Potential
This young business has huge potential to grow. - Expected takings should grow to $20,000 p.w. in near future. - Suit family or inexperienced buyers.

Features
Busy location. - Brand new fit-out. - Low cost and high margins. - Easy operation. -Franchise ongoing support. - Long 7 years new lease with 1% annual increases.

Premises
Brand new kiosk style business with an area approx. 25 m2 plus one store room.

Location
Prime location in very busy food court of Sydney CBD premier shopping centre.

Trading Hours
7 days. - 930 a.m.- 630 p.m.

Lease
7 years lease commenced Nov. 2020. - 1% annual increases. - 3 months bond.

Employees
One owner (Not working in the shop just manages staff times) + 8 - 10 junior casuals

Comments
The franchise fee is 7% of sales shown on Misc. 1. - This is a fast growing and easy to run business. - Inspection is highly recommended. - Please do not speak to staff when visiting the business.

Figures
Weekly Sales $15000
Rent (ex GST) $2300
Wages $2000
Profit $5570


Agent SBX Code Number: M2112 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$430,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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