Established Bubble Tea Business For Sale
Asking Price: | $160,000 |
Inventory: | $15,000 |
FF&E: | $50,000 |
Gross Revenue: | $357,000 |
Rent: | $2,250/Month |
Established Year: | 2018 |
An exciting opportunity to own a thriving bubble tea franchise in a great location in Austin, TX. This established business has been operating successfully since 2018, providing a strong and loyal customer base, as well as a growing demand for high-quality bubble tea.
Key Highlights:
Proven Business Model: As part of a well-known franchise, the new owner will benefit from a recognized brand, training, and support from the franchisor.
Prime Location: Situated in a high-traffic area with affordable rent and a major chain restaurant opening next door soon, which is expected to drive even more foot traffic to the shop.
Established Presence: With over 5 years of successful operation, this business has built a strong reputation and customer loyalty within the community.
Additional Information:
Transfer Fee: The new buyer will need to be approved by the franchisor. The listing sale includes the full costs associated with the transfer:
-$10,000 transfer fee
-$19,200 technology transfer fee
-$10,000 security deposit fee
Training & Support: Full training will be provided to ensure a smooth transition to the new owner.
Inventory: $10,000 in physical inventory will be transferred with the sale of the business as well as $5,000 in inventory credit.
Lease Terms: Affordable rent in a desirable area, with options for lease renewal. At the time of the lease transfer, the landlord has agreed to work with the new owners on a lease renewal.
This is a fantastic opportunity for anyone looking to step into an established business with a strong foundation and potential for further growth!