Independent Milk tea -Takeaway Restaurant in Burwood Chinatown

General Information

The Restaurant selling delicious and healthy beverages and specialising in tea products such as pearl milk tea, red bean milk tea, jelly fruit tea, passion fruit tea, fresh juice, cakes and ice cream - Strong international brand - Unique recipes.

 

Potential
Suitable for family business, This business is constantly growing. - An active owner operator could increase sales to a high level.

 

Features
- High profit margins

- Low rent

- Established 2 years

- Profitable

- Point of sale systems and security cameras in place.

- Very easy to run. - Good brand with strong support from the Vendor.

- Selling Price including Unique Recipes transfer and training.

- All equipments included

 

Premises
Large shop front ; high exposure; Very well presented tea shop with an area of 20 sq. mtrs, and lots of seating infront.

 

Location
The business is surrounded by apartments and hotel near by. Located in New Burwood Chinatown. 

 

Trading Hours
7 days - 12 p.m. to 10.00 p.m.

 

Lease
2+2+2 Years lease Commenced from Oct 2017;
- 4% increases - 3 month bond 

- New Lease avaliable

 

Employees
2 owners working.

 

Comments
First time on the market and a must to inspect - Full financial figures can be obtained from the vendor after a satisfactory meeting has been held between both parties. - The business has grown organically by word of mouth alongside growth of the area. - No money has been spent on advertising or promotion.

Independent Milk tea -Takeaway Restaurant in Burwood Chinatown

$100,000.00Price
  • Figure Display Type   Regular
    Weekly Takings   $7,000
    Cost of Goods $1,000
    Gross Profit $6,000
    Rent $2,250
    Outgoings $0
    Wages $1,400
    Telephone $20
    Insurance $25
    Electricity $140
    Gas $
    Misc 1 $
    Misc 2 $
    Total Expenses $3,835
    Nett Profit $2,165

    Price

    $100,000

    Estimated Stock (additional)

    $1000

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Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET