Well established Milk Tea business selling delicious freshly made healthy nutritional cold press juices, juice tea, superfood smoothies, milk tea, freshly baked dessert. It is located on a busy walking street of Lower North Shore, with lots of foot traffic and close to the entrance of the shopping center. Excellent condition with an area of 21 sq. mts. Now the business is under management, owned by the Franchisor. Looking for someone with experienced to run this beautiful shop, with only 3% franchise fee. Or whoever interested in this location, it is open to discussing the sale of the lease.
Hours7 days - Mon. - Sun. - 10:30 a.m. - 9:30 p.m.
The current lease expires in June 2023. + a further 5 year option - 3 month bond - 4% annual rental increases
1 full-timer. +. 4 part-timers
Cost of food $2,100
Nett profit $1,556