Listing status: Inactive

Payment not completed Reason: Withdrawn

Chatime franchise opportunity - QLD

Industry: Food/Hospitality - Café/Coffee Shop, Franchise - All, Food/Hospitality - Café/Coffee Shop, Franchise - All | Listed by: Chatime

Franchise with the world’s most successful teahouse brand


Key Strengths:

  • #1 Market Leader in the International Bubble & Iced Tea Industry
  • A business in high demand with low setup costs
  • Proven business model, comprehensive training, and continuous franchise support

About the business

Chatime was founded in Taiwan in 2003 which introduced the world to the delicious flavour and versatility of modern, Taiwanese tea. Since being introduced in Australia in 2009, we’ve rapidly grown to 125 stores nationally and 2,000+ worldwide!  We offer a range of fruity iced teas, flavourful milk teas, fun frozens, unique promotional drinks and even hot teas! Then, top off your drink with our delicious range of mix-ins like flavoured jellies and of course, chewy and sweet tapioca pearls. Your standard cup of coffee can’t compete!
 
This is a partnership
We’re not in the business of selling franchises. We’d rather partner with you and provide ongoing support and mentorship so that you’re in a position to run your own successful Chatime business. We offer an ongoing comprehensive training package that ensures you are well versed with all our operations and processes. Forget the boring coffee scene and join the constantly evolving bubble tea trend! We recognise fully that your success is our success – we’re 100% in if you are!  
 
A market-leading iced tea franchise.
While there are several other iced tea/bubble tea franchise businesses available in Australia, none are as widely recognised as Chatime! We dominate this space because of our innovative product range and our clever adaptation to the Western market. Our drink range is so much more versatile, and fun compared to your average cup of coffee at a standard café. We are continuously re-inventing bubble tea so that customers are always surprised and are left wanting more! Come and enjoy our success and strong reputation with your very own franchise.  
 
A flexible, comfortable lifestyle
Chatime is not your average hospitality business. Our franchisees work an average of 29.6hrs per week (based on an annual survey) and are able to find the time to balance family responsibilities and general life needs. Trust us, you won’t need to pump yourself up with coffee to function! Thanks to our advanced systems and processes – and because we take care of a lot of the admin for you – you can enjoy your life while running a successful business!  
 
Low setup costs
Setup costs start from just $300,000! This includes design and documentation fees, training, shop fit-out, stock and equipment. There is also an ongoing monthly royalty of 6.5% and a marketing levy of 3.5%. Chatime is accredited with ANZ bank and funding is available to approved franchisees meeting their criteria.  
 
Ongoing support
With a Chatime franchise, you’re not just supported at the start of your journey. We’ll make sure you’re taken care of throughout our partnership. Let us take care of the admin for you, with HR support, bookkeeping, and rostering. We’ll offer ongoing financial and business advice, as well as recommendations to help you improve operations. We’ll carry out nationwide marketing campaigns to boost the brand, while providing you with your own tools to market locally. Plus – you’ve got access to engaging online training programs which you can use for your staff over and over.   We got you!  
 
Year Business Established
2009  
 
Year Franchising Commenced
2009  
 
Site locations
140  
 
Awards
2017-2018: - Top 10 – top franchise Brand, Lifestyle and Marketing and Overall winner
2019: Top 10 – Expansion, Top 100 Australian Youth Brands, Research and Strategic Focus, Inspiring Retail Leader and SO much more! Check our LinkedIn page for more details.
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Asking Price:

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Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

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Locality

Regional QLD

Established on
2003

Revenue

$Contact the franchise

EBITDA

$Contact the franchise

No. of employees

Lease period

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Advertiser Details
Company Logo
New South Wales
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, 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 etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

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