Business Summary
For sale is an exciting new concept in the franchise tea segment.
Join this popular bubble tea and milk tea franchise and become a part of something exciting with huge potential growth! They presently have 80 open stores across Australia and more outside the country, with plenty more to come!
This new quality fit-out store is in a prime location and is known for both their excellent customer service and the brand's unique tea experience.
BUSINESS HIGHLIGHTS:
* Excellent location!
* Well-known and -established, national brand
* Desirable lifestyle
* Complete head office support
* Competitive entry cost
* Easy joining process for franchisees
* High demand
* Franchise's operation model is perfectly tailored for financial growth; easy-to-learn and run
LOCATION:
The shop is located next to the newly built Parramatta Square, one of the largest urban renewal projects in the country. With its goal to revitalise Parramatta city centre with premium grade office space, a multi-level retail podium and civic facilities in the next few years, Parramatta Square is the perfect landmark for the business.
The new Parramatta Light Rail project will also sit opposite to the shop, guaranteeing you lots of foot traffic and excellent exposure once up and running.
POTENTIAL:
The remaining lease duration is seven years and the current owners have recently renegotiated the rent (30% reduction). This means operating costs will go down and Parramatta Square, New Light Rail plus international students (coming back after COVID restrictions) will bring additional revenue.
Escape the 9-5 and live the lifestyle you've always wanted!
Contact John today for more information on 0400 440 440 or fill out our confidentiality agreement form directly with "bubble tea" as the headline.
Property Details