Highly profitable chinese bubble tea business inner west, under full management, net profit $300K

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Discover an exceptional opportunity to own a highly regarded Chinese bubble tea business in the Inner West, offering the freedom and creativity that comes with a non-franchise business model. Unlike franchise stores that impose hefty fees and restrictive recipes, this establishment features its own specialized recipes, allowing you to innovate and expand as you see fit. It is under full management with long term dedicated staff.

Key Features:
* Enjoy the flexibility to develop your own recipes and marketing strategies without the constraints of a franchise.
* Positioned in a vibrant area with a long lease, ensuring stability and visibility for your business.
* Operated by a capable team under full management, with the owner providing assistance only when necessary. This setup allows for easy daily operations.
* Impressive Growth: Sales have increased over 10% annually
* Strong Profit Margins: Benefit from a net profit of $270K - $300K, even while fully managed.

Sales
2024: $718K
2023: $688K
2022: $485K

Lease: 3 + 5
Rent: $150K

Net profit to owner under full management $270K - $300K

To find out more on the business, please contact Canaan on the enquiry button or contact on canaanl@ubba.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Canaan is a licensed business broker with over 10 years experiences in selling all types of businesses throughout Sydney and NSW. When you are looking for a business broker with experience you can go no further than Canaan Lim, give him a call on 0466 989 813 to discuss further.