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Bubble Tea Franchise - Fully Managed - Affordable Price - Northern Beaches - (Code: PM1062)

Chatime Bubble Tea Franchise - Northern beaches - Managed - Priced to sell

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Price: $50,000






Weekly Takings (inc GST) $7,500
Cost of Goods $2,065
Gross Profit $5,435
Rent $1,753
Wages $1,500
Outgoings $99
Telephone $60
Insurance $60
Electricity $188
Gas $
Misc 1 $750
Misc 2 $430
Total Expenses $4,840
Net Profit $595
Coffee Kilos P/W 0.0

Estimated Stock

$3,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Established Chatime Bubble Tea Franchise Business for sale in prime Sydney Northern Beaches location. * Average takings over $7,500 per week. * Located in busy local shopping centre in Northern Beaches. * Well established location since 2021. * This business is fully run under management with fully trained staff. * The store would benefit even further from owner / operator working the business. * No prior experience required, full training and ongoing support will be provided by the franchisor. * Comprehensive national marketing program in place to deliver sales to your business * Priced to sell - Won't last long.

Potential
Healthy profits if new owner runs the shop themselves.

Features
Fully managed - Prime foodcourt location - Successful Franchise

Premises
Prime foodcourt location - 350k fit-out - Separate store room included in the rent.

Location
Busy neighbourhood shopping centre in the Northern Beaches.

Trading Hours
7 days - Monday to Sunday: 10 am to 6 pm. Thursday: 10 am to 8 pm

Lease
Lease held by Franchisor. Expires 30 September 2026. - Three month bond.

Employees
3 part time + 6 casuals

Comments
Misc -1 - 6.5% Royalty & 3.5% Advertising fee to Franchisor. Misc -2 - Other misc. expenses including; accounting , bank fees, printing, merchant fees etc. Detailed financial and lease information will be made available to qualified buyers upon the completion of a confidentiality agreement. Cost to acquire this business: Price: $99,000. Training fee paid to franchisor: $10,000 + GST. Transfer fee paid to franchisor: $25,000 + GST

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXPM1062

For more details please call (02) 9439 4403
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