$150,000 plus SAV

Semi Under Management, Well Established, Profitable & Popular Bubble Tea Shop in the Hub of Highest Foot Traffic Location in Brisbane

Short Summary

Successful operating for 5 years, this popular & profitable Bubble Tea business nested in a shopping hub of the most buoyant southern suburb of BNE.

Key Selling Points

  • Established brand
  • Low Overheads
  • Low working capital requirements
  • Cashflow Positive
  • Cash-based
  • Strong year to year Growth
  • Long Term Lease in place
  • High Profit Margins
  • Simplistic business
  • Clean business
  • 80% Repeat Work
  • Preferred Supplier arrangements in place
  • Best Location
  • High foot traffic location
  • Booming Industry!
  • Proven trading through Covid

This franchised bubble tea business is one of the most recognised bubble tea brands established over 12 years and continues to expand rapidly across Australia with approximately 130 stores.

The business is located in a bustling shopping centre in a Southern Brisbane community with high foot traffic surrounded by cinema, banks, popular Asian restaurants, eateries, bakery, Asian supermarkets and Coles.

The rent is reasonably cheap of $1,500 weekly (inclusive OG & GST) with a lease managed by the franchisor who has the capability to get the best terms for the franchisee. This business is very simple and well-established with a vast loyal customer base and a steady influx of new customers who are enticed by the franchisor’s effective product strategies and marketing campaigns. The business can be transformed into a 100% under management business supported by a capable and experienced team, allowing the owner to be hands-off and not involved in the daily operations.

The business enjoys weekly sales of between 5.5K to 7.5K with annual netting of close to $90,000 (including the owner’s part time wage). This business offers a turnkey opportunity for any motivated entrepreneur or business partners to own a thriving venture without the need for day-to-day management whilst taking advantage of the franchisor’s aggressive business development strategy to move this business to a new height.

This is also a perfect business for the Visa 188A applicant given with its simplistic business model and operation.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $150,000 plus SAV

Ref. no. BUY2460

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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