Successful Bubble Tea Franchise with Dark Kitchen in Hornsey/Crouch End, London for Sale
Hornsey, London
- Status
FOR SALE
- Advert ID
617177
- Leasehold: £100,000
- Rent: £21,000 (£1,750 per month)
- Turnover: £190,000 (£3,654 per week)
- Profit: £47,500 (25% Profit margin)
Key Features
- Potential for Alternative Use
- Company for Sale
- Offers Invited
- High Turnover
Business Details
Bubble Tea Shop for sale in Hornsey Crouch End
This thriving Bubble Tea franchise store operates under a dark kitchen model and has been impressively running for the past eight months. With consistent weekly sales averaging £4,000, it has swiftly built a loyal customer base thanks to its high-quality drinks and delectable food offerings. Renowned for both taste and exceptional service, the establishment enjoys a solid reputation within the community.
The business runs smoothly with minimal oversight, presenting an excellent turn-key solution for prospective owners. Its beautifully designed interior is not only modern and inviting but also efficiently set up, allowing for a seamless transition for the new proprietor. This sale is motivated by personal health circumstances, creating a rare opportunity for the right buyer to take the helm of a profitable and growing enterprise.
Located in the bustling area of Hornsey/Crouch End, this well-established food and drink business occupies a prime spot in the town centre. The leasehold opportunity is available for an asking price, which can be discussed upon inquiry. Currently, the business generates an annual turnover of £190,000 with an annual rent of just £21,000, translating into a commendable profit margin of £47,500. All stock is included in the purchase price, ensuring a smooth handover.
Aspects of this attractive venture include:
- A modern and stylish interior enhanced by vibrant lighting.
- High visibility due to the prime location with substantial foot traffic.
- A comprehensive menu featuring a delightful range of milk teas, coffee frappes, and fruit teas.
- A fully equipped kitchen boasting state-of-the-art appliances.
- An appealing counter space complemented by an efficient point-of-sale system.
This opportunity not only offers a financially sound investment but also the chance to be part of an ever-growing market. With a dedicated team and loyal clientele already in place, a new owner can step in and continue to reap the benefits of this successful venture.
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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.
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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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