Bubble Tea Shop in Buckinghamshire For Sale

Shopping centre locality, prominent trading position, office and commercial area, Buckinghamshire.

Turnover £ 2,400
Price £65,000

Features

Franchise Bubble Tea Shop within A Shopping Centre

5 STAR HYGIENE RATING

PREMISES WITH ELECTRIC SHUTTERS, sales counter, 2 x LED Menu Boards, EPOS till, CCTV system (3 cameras), ice machine, under counter double door fridge, cold glass display unit, 4 blenders, shelving, button to cup hot water machine

Kitchen with 1 burner portable hob, stainless steel extractor unit, water boiler, sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,400 p.w. with a Gross profit of 72% approx.

Staff

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

Trading Hours

7 Day week
MONDAY - FRIDAY 10am - 6pm
SATURDAY 10 -7
SUNDAY 10am - 5.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £15,000 p.a. + VAT In addition we understand there is a Service charge of £5,880 p.a. approx. + VAT

Business Rates from April 2024 £1,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S 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 £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote