Bubble Tea Shop in Hampshire For Sale

Major shopping centre, HAMPSHIRE

Turnover £ 2,300
Price £59,000

Features

Prime Location Bubble Tea Shop

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 600 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, 3 LED Menu Boards, ice machine, under counter double door fridge, double door shelving, 5 blenders, double sink and drainer.

Kitchen with stainless steel extractor unit, hob, water boiler, sink, shelving, etc.

Staff room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,300 p.w. with a Gross profit of 70% approx.

Staff

The business is at present operated by 3 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11am - 6pm
SUNDAY 11am - 5.30pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £15,000 p.a. + VAT

Business Rates from April 2024 £400 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote