Profitable Bubble Tea & Dessert Bar in Prime Kettering Location, Ready for Seamless Operation
Kettering, Northamptonshire
- Status
FOR SALE
- Advert ID
622657
- Reference
B08406 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: £66,000 (£1,269 Per week)
- Net Profit: £30,000 (46% Profit margin)
Business Details
Thriving Bubble Tea & Dessert Bar in Prime Location
BusinessPlease Quote Reference B08406
Cogogo welcomes to the market Wicked Bubble Tea and Desserts this is a thriving dessert bar and bubble tea café, established just a year ago, but it has already earned an outstanding local reputation.
This dynamic business offers a diverse menu that caters to a wide range of tastes, featuring classic and fruity bubble teas, indulgent doughnuts, freshly prepared crepes, and savoury snacks like spring rolls. Each item is crafted with high-quality ingredients, ensuring that every customer enjoys a delightful experience.
The café has successfully tapped into the growing demand for bubble tea, a global phenomenon celebrated for its unique texture, vibrant colours, and variety of flavours. Customers can choose from a wide selection of drinks, ranging from traditional milk teas to refreshing fruit-based options. Complementing the drinks are the café’s mouth-watering desserts and hot bites, which have become local favourites. The doughnuts are praised for their light, fluffy texture, while the crepes, served with fresh vanilla ice cream, are a standout treat.
The business benefits from a strong online presence, partnering with delivery platforms such as Just Eat, Deliveroo, and Uber Eats. This strategic move has significantly expanded its customer reach, driving consistent revenue and attracting new patrons who may not otherwise visit the premises.
Key Selling Points:
- Prime Location: Situated on Kettering’s busy High Street, the café enjoys excellent visibility and steady foot traffic.
- Established Reputation: Despite being a relatively new business, it has already built a loyal customer base and garnered positive reviews, making it a trusted local favourite.
- Growth Potential: There is significant scope for expansion, including extending trading hours, increasing marketing efforts, and potentially franchising the brand.
- Fully Equipped: The business includes modern equipment and assets valued at £15,000, ensuring that it is turnkey and ready for continued operation.
- Diverse Revenue Streams: In addition to in-store sales, the business benefits from a strong delivery service model, increasing its reach and revenue potential.
With a strong foundation, outstanding customer feedback, and ample growth opportunities, Wicked Bubble Tea and Desserts presents an attractive investment for anyone looking to enter or expand within the thriving food and beverage sector.
Location
Situated at 24 High Street, Kettering NN16 8ST, the business enjoys a prime location in a high-footfall area. This central spot offers excellent visibility and accessibility, attracting steady foot traffic and enhancing its appeal to both locals and visitors.
Premises
The leasehold premises provide a modern and inviting environment, designed to create a welcoming experience for customers. With a seating capacity of 10, including 6 seats at the bar, the café offers a cosy and comfortable space. The fully equipped kitchen and stylish interior contribute to its overall charm and functionality, ensuring a seamless operation.
Tenure
The business operates under a 10-year lease, with a monthly rent of £13,500. This arrangement provides stability and a solid foundation for long-term growth.
Hours
Wicked Bubble Tea and Desserts operates seven days a week, from 11:00 AM to 8:00 PM. There is significant potential to increase revenue by extending trading hours, capitalising on the demand for evening and late-night treats.
Staff
The business is supported by a dedicated team of four experienced staff members who ensure smooth day-to-day operations and deliver exceptional customer service.
Financial Profile
This business generated a turnover of £66,000. Detailed financial information, including turnover, gross profit, and net profit, is available upon request.
The business includes assets valued at £15,000, comprising modern equipment and fixtures. With an established customer base and consistent turnover, it offers a strong financial profile.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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