ID:

Franchise – Takeaway – Tea – Under Management

Australia
Price: $600,000 For Sale
  • 93
  • 0
  • Takings (p/w): $16,000
  • Rent: $2,310
  • Net Profit: $5,950

Description

Takeaway – Franchise selling delicious and healthy beverages and specialising in tea products such as pearl milk tea, red bean milk tea, jerry fruit tea, passion fruit tea and fresh juice. – Strong international brand with 450 outlets worldwide. – 18 stores in Sydney. – Unique recipes.

Potential

This new business is constantly growing. - An active owner operator could increase sales to a high level.

Features

Best location. - Easy to operate. - High margins. - Long lease with good rent. -Franchise support with low franchise fees. - Under management.

Premises

Brand new and modern designed shop with an area of 51 m2 plus 7m2 storeroom.

Location

Brilliant location in Sydney CBD in famous tourist shopping area.

Trading Hours

7 day - 9 a.m.- 10 p.m.

Lease

5 year lease + 5 years option commenced May 2017 - 5% increases - 3 months rental bond.

Sale Reason

Franchisor sale

Employees

Under Management - 8 / 9 casuals

Comments

The rent is inclusive of GST and all outgoings. - Misc.- 1 - 5% franchise fee. - The business is well located in one of Sydney's renowned tourist spots which makes a compelling investment opportunity - Inspection is highly recommended

Additional Information

Weekly Takings: $16,000
Cost of Goods: $4,580
Gross Profit: $11,420
Rent: $2,310
Outgoings: NA
Wages: $2,240
Telephone: $15
Insurance: $20
Electricity: $85
Gas: NA
Miscellaneous 1: $800
Miscellaneous 2: NA
Total Expenses: $5,470
Net Profit: $5,950
Estimated Stock: NA
Equipment: NA
Annual Turnover: $832,000
Net Profit Margin: 37.2%
Return Of Investment: 1.9 year(s)
More Business

Enquiry

Confidentiality Agreement for the Business Between GBE (Global Business Exchange) and * (Interested Party) this must be an individual’s name, NOT a company name

In consideration of Global Business Exchange (being any or all of -, Redfin Partners Pty Ltd entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by Global Business Exchange and specifically the Listing currently being enquired. I/We hereby agree and undertake as follows:

To treat as totally confidential the identity of the business (es) disclosed to me and any details as to its operation or financial accounts;

Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor whoshall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by Global Business Exchange;

Not to make an approach to the Vendor of any business disclosed to me by Global Business Exchange, or the business’ staff, customers or suppliers without prior arrangement with Global Business Exchange and to refer all queries through Global Business Exchange;

We acknowledge that Global Business Exchange is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.

If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to -, Redfin Partners Pty Ltd as the case may be;

If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify Global Business Exchange against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.

That all information is received for no other purpose than the evaluation of the investment potential of the business;

If I decide not to proceed with the investment, I agree to immediately return to Global Business Exchange all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);

Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and email response each to the other or their representative will constitute offer and acceptance and satisfy the requirements of Section 5 of the Electronic Transactions Act 2002.

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