RARE opportunity to acquire a Bubble Tea Franchise

An opportunity to purchase a growing and thriving business, located in one of Brighton’s most popular locations. Not only is this a great business, but this also provides an opportunity to join an international franchise, which has proven success, and offers the support, structure, and guidance to support further growth and development. With the continual growth of the franchise network in the UK over the past few years, this has seen the franchise grow to 25 shops, with five due to be opening soon. Due to the initial success of the first few stores, this has seen continual growth and expansion and has brought this franchise network to the forefront and making this one of the most recognisable up and coming franchises in the UK. Along with the UK stores, this is also an international brand, with stores all over the world, which emphasises the success of the franchise and franchisees.

Situated next to Brighton’s renowned ‘Clock Tower’, and on the main thorough fare from Brighton Station to the seafront and Churchill Square, this is a prominent footfall location and one with a stable customer base. Since the opening in 2020, with the business opening in Lockdown, this has gone from strength to strength, and has seen a noticeable Increase in turnover, with the forecast due to be over £400K for 2022. The store provides a stylish, modern and contemporary feel, which fits perfectly within the Brighton culture and attracts a wide ranging and diverse customer base.

Brighton and Hove is a thriving city, and one which attracts a wide range of visitors, including many day visitors and weekend party visitors, along with having a strong student base and what has been a huge influx of working professionals who have moved to the city post COVID. This has seen a huge shift in property prices, and is making Brighton and Hove a real ‘destination location’. Brighton and Hove is known as a diverse and multi-cultural city, and with such a diverse city, this is reflected in the customer base and has enabled the business to attract a vast amount of customers.

The client base is a real cross section of society and provides a stable and consistent income across the week and year. With the location close to the main shopping centre, a bus stop outside which services routes throughout the city continuously during the day, deliveries available on Deliveroo and Hungry Panda, this provides a consistent and level income across the year, with no real impact or reliance on universities or one specific core client base. There are no noticeable peak or troughs, making this a stable and profitable business across the year, ensuring steady trade and the ability to manage and plan income and expenses.

The city is a growing and thriving part of England, and there is ongoing investment and development planned over the coming years. The universities are investing a vast sum of money on student accommodation, which will bring further key customer base to the city, but there is also large-scale investment on both high end and affordable accommodation, bringing people into the city with disposable income. With the territory being ring-fenced throughout the BN1, BN2 and BN3 postcode, this gives further opportunities to grow the brand and open other branches in locations throughout the city.

The business has been founded on some key foundations, which reflects the philosophy of the franchise; quality tea, exceptional service and high standards. Opening over ‘Lockdown’ enabled the business to find a stable client base and grow steadily based on reviews, word of mouth and social media. There is not a huge amount of money spent on marketing, with the business operating at a consistent level and achieving growth by offering a consistent and high level of customer service and product. With a consistent social media presence, which provides an affordable and far reaching customer base, the business it not reliant on ‘special offers’ or discounts to drive trade.

The business has seen consistent growth and although there has been competition opening up directly across from the current location, this has not impacted on the sales or performance. There are two other Bubble Tea shops which have opened in a 50-metre radius, and this has not dented or hindered the stores progress. This has actually helped strengthen the brand, as this has increased people’s awareness of the products and drinks.

The business is being sold due to the current owners not being ‘hands on’ or having the time to do so. There has been huge investment since opening on growing the business and has a strong social media presence and client base and with some further focus and the continuing growth of the city, there is further opportunities to move the business forward.

The price will include all equipment and offer an opportunity to take on a successful business with trained staff with a ‘hands-on’ owner being able to take a salary from day one, still generate a profit. The store has a ‘5-star’ food safety rating from Brighton and Hove city council, and structured routines and practices with multi-skilled staff. The current owners and manager will be able to provide a full and thorough hand over period, with the franchise network providing the new franchisee with fully training on running the business and full operational training to ensure they have the full capability to carry out all tasks within the business.