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Profitable Sweet Tiger Confectionary and Bubble Tea Shop in Crowthorne Berkshire for Sale

Crowthorne, Berkshire
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  • Status

    FOR SALE

  • Date Submitted:

    03/01/24

  • Advert ID

    604537

  • Leasehold: £100,000
  • Rent: £13,248
  • Turnover: £112,000 (£2,154 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • High Turnover
  • Prime Location
  • Small Business
  • Unique Business
  • Town Centre location
  • Potential for Alternative Use
  • Close to Local Amenities
  • Attractive Business
  • New Lease
  • Central Position in Affluent Village
  • Fully Fitted
  • Adjacent to Multiple Retailers

Business Details

Thriving Confectionary and Bubble Tea shop, Berkshire

Sweet Tiger is more than a confectionary business. It is a success story marked by consistent year - on - year growth. Turnover £116k in the last 12 months that continues to evolve.  It began 4 years ago from  humble beginnings and has evolved into a local icon, offering a treasure trove of sweets that captivate the hearts and taste buds of our community. Sweet Tiger offers sweets , bubble tea, milkshakes & ice-cream. Nestled in the heart of the town centre, the shop enjoys prime location near Costa, Co-op, library and the local park. This strategic positioning brings advantage of excellent footfall, making us a go-to destination for locals and visitors alike.  

Benefits from Free parking and has a staff parking space.

Strong online presence sweettiger.co.uk.

4.8/5 google review and face-book 5.0/5 review. 5 Star food hygiene rating from Bracknell Council. 

Sale includes stock approx. 400 product lines, fixtures and fittings inc. ice cream freezer, 2 x fridges and 2 x milkshake machines. A new 4 .5year lease. £0 business rates. 5* food hygiene rated business with online and offline success. Established Website. Facebook (1400 followers) and Instagram (786 followers) social media accounts. The monthly rent includes a maintence which includes the buildings insurance (contents is our responsibility). Fire safety maintained by landlord and tested monthly by landlord. Air Con is 3.5 years old and serviced twice yearly.

We currently have a £10M public liability. (This is in case we wanted to do Reading Festival). This also includes shop insurance for stock and employers liability. 

Beyond the shop: Included with the sale is a VW transporter converted 69 plate van. Van. includes 1 x market quality XL igloo cool box, 1 x electric Eco generator (worth £1500), 4 x water containers, 1 x mobile storage unit. 1 x milkshake machine. 3 x 5 gallon coolers and 1 x 2 gallon cooler. It has a working sink and electrics all with the paperwork and pat testing. 35K miles. Full service history and New MOT (Jan 24). The van is currently used at local events and fayres. But can be used for Festivals, weddings, parties, corporate events and could add a coffee machine should you choose. Currently use for transporting stock to venues and from wholesalers, serving bubble tea and milkshakes and sweets. Contacts and future 2024 booking will be transferred with the sale. There is a monthly booking with a local large national business secured for 2024.

Opportunity for growth: The Sweet Tiger journey is not just a tale of success its a story of opportunity. As we continue to thrive, there is immense potential for further growth. Expanding our online sales platform. Additionally, our well established presence in outside events provides opportunity to explore new opportunities and expand our footprint in the community.

Current opening hours:

Monday (holidays and Christmas)

Tues-Sat 10-5.30

Sun 11-4

Current staff:

All 0 hour contracts.

Currently we have a student whom works Sundays. 2 x Junior members of staff whom work a Friday after school and a Saturday. 1 x part-time flexible member of staff. Various pay depending on age and experience. 

Key financials:

Total turnover £116k (shop revenue £102K) van events (£14K).

Assets included in the sale:

- Lease from the shop premises.

- Extensive sweet inventory with approx. 400 product lines, including 135 varieties of loose sweets in  jars.

- Diverse product range, covering sweets, ice-cream, bubble tea, milkshakes and cones.

- Complete set of operational equipment from ipad and till systems to decorations and hot chocolate machine.

- Infrastructure essentials such as shelving, counters, bookcase style shelving, storage room shelving, LED lights and even a unique sweet Ferris wheel.

- Two square terminals, a shop laptop and label printer.

Act fast - A sweet opportunity awaits!

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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