Fast-Growing Bubble Tea Shop in Kilburn London Available for Sale
Kilburn, London
- Status
FOR SALE
- Advert ID
630640
- Leasehold: £50,000
- Rent: £40,000 (£3,333 per month)
- Turnover: £90,000 (£1,731 per week)
- Profit: £20,000 (23% Profit margin)
Key Features
- Established Business
- High Turnover
- Offers Invited
- Prime Location
Business Details
Fast growing Bubble tea shop for sale
This vibrant and rapidly growing bubble tea business is located in the bustling High Street of Kilburn, London, alongside popular retailers like TK Maxx. It has been successfully operating for one year and is now available for sale.
The shop features an attractive and modern interior, adorned with floral decorations and ambient lighting, creating a welcoming and cozy atmosphere. Its prime location boasts an eye-catching storefront, drawing in customers with its appealing presence.
The menu offers a wide variety of beverages, including bubble tea, coffee, and smoothies, ensuring there’s something for everyone. With a fully equipped kitchen and a well-organized layout, the business is set for continued efficiency and growth. Additionally, the seating area is designed to provide comfort to patrons as they enjoy their drinks.
Established one year ago, the business has seen an increase in turnover and benefits from its central location, which is surrounded by other shops and amenities that attract a steady flow of customers. Despite the competitive location, there is a lack of direct competition for the unique offerings of this establishment.
Currently, the business is maintained by two employees and has an online presence to expand its reach. The sale of the business is due to the owner relocating to another country, and the purchase price does not include fixtures and fittings. However, the current owner is willing to provide training opportunities to ensure a smooth transition for the new owner.
The bubble tea, coffee, and waffle shop operates from a prominent town-center location in Kilburn, London. The leasehold is priced at £50,000, with a current turnover of £90,000, an annual rent of £40,000, and a profit margin of £20,000.
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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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