Franchise - Takeaway - Tea - Popular Franchise Tea Business -busy City Location - Easy To Run

Business For Sale Sydney NSW Region, New South Wales

Business Category Takeaway Food

$390,000

Description

Franchise - Takeaway - Tea - Popular Franchise Tea Business -busy City Location - Easy To Run

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 $15,000 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. - Turnover rent 12% till Oct /2021 then $90,000 rent per year plus GST with 1% annual increases. - 3 months bond.

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

Comments
The rent shown is new rent starting Nov 2021. - Current rent paid $1200 p.w. (Turnover rent 12% ). The franchise fee is 7% of sales shown on Misc. 1. - Please do not speak to staff when visiting the business.

Agent SBX Code Number: M2112 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 535062
Broker REF: M2112

SBX Business Brokers
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