This well-established milk bubble tea shop located next to a Brisbane University is now on the market for sale!
– No competition in the area
– Cheap Rent which is only $38,000 + GST p/a
– Long secure lease, expires in 2024 with another 3 year option
– Under management with very little owner involvement
– Great location right next to a University, easy to hire staff because of the location
– Huge potential once more students and international students return
– Easy operation with no experience required, seller can provide training
– All ingredients and cups imported from China, good margin
– No royalty fee or franchise fee at all
– Seller is keen to sell due to moving overseas, Price is negotiable.
For further information please enquire now and complete an online confidentiality agreement at linkbusiness.com.au/BR01319
Business Broker: David Zhang
Mobile: +61 407 468 414
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.