Visit this listing at https://www.sbx.com.au/business?id=MF1022

Business Code: MF1022

Key Features: Tea Franchise - Popular tourist area - Nets $5083 p.w.

State: NSW

Suburb: Haymarket, 2000

Location: Best location in Sydney CBD in famous tourist shopping area.

Description

Cafe - Takeaway - Franchise selling delicious and healthy beverages and specialising in tea products such as pearl milk tea, red bean milk tea, jelly fruit tea, passionfruit tea, fresh juice, cakes and ice cream - 20 seats inside - 16 seats outside. - Strong international brand - Unique recipes.

Summary

  • Features: Very easy to run. - Good brand with strong support from the franchisor.
  • Potential: This new business is constantly growing. - An active owner operator could increase sales to a high level.
  • Premises: Very well presented milk tea shop with an area of 60 sq. mtrs with 25 sq. mtrs storage room.
  • Trading Hours: 7 days - Mon. - Sun. - 12 a.m.- 10:30 p.m.
  • Lease: Current 5 + 5 year lease commenced Oct. 2018- 5% increases per year - 3 months bond
  • Employees: 1 owner ( part time ) + 8 -10 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,000

Cost of Goods

$3,000

Gross Profit

$12,000

Rent

$2,672

Wages

$3,000

Telephone

$15

Insurance

$20

Electricity

$100

Misc1

$1,050

Misc2

$60

Total Expenses

$6,917

Estimated Stock (Additional)

$2,000

Net Profit

$5,083

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Takeaway. - Franchise - Tea

Business Code: MF1022
Price: $298,000

Key Features: Tea Franchise - Popular tourist area - Nets $5083 p.w.

State: NSW

Suburb: Haymarket, 2000

Location: Best location in Sydney CBD in famous tourist shopping area.

Description

Cafe - Takeaway - Franchise selling delicious and healthy beverages and specialising in tea products such as pearl milk tea, red bean milk tea, jelly fruit tea, passionfruit tea, fresh juice, cakes and ice cream - 20 seats inside - 16 seats outside. - Strong international brand - Unique recipes.

Summary

  • Features: Very easy to run. - Good brand with strong support from the franchisor.
  • Potential: This new business is constantly growing. - An active owner operator could increase sales to a high level.
  • Premises: Very well presented milk tea shop with an area of 60 sq. mtrs with 25 sq. mtrs storage room.
  • Trading Hours: 7 days - Mon. - Sun. - 12 a.m.- 10:30 p.m.
  • Lease: Current 5 + 5 year lease commenced Oct. 2018- 5% increases per year - 3 months bond
  • Employees: 1 owner ( part time ) + 8 -10 parttimers
  • Sale Reason: Franchise sale
  • Comments: The rent is inclusive of all outgoings. - Misc.- 1 - 7% franchise fee (marketing fee included). - Strong international brand just starting in Sydney - Inspection is highly recommended. - Please do not speak to shop staff when visiting the premises.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$15,000

Cost of Goods

$3,000

Gross Profit

$12,000

Rent (ex GST)

$2,672

Wages

$3,000

Telephone

$15

Insurance

$20

Electricity

$100

Misc1

$1,050

Misc2

$60

Total Expenses

$6,917

Estimated Stock (Additional)

$2,000

Net Profit

$5,083

Price

$298,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.