FOR SALE
642359
Discover an Exciting Business Opportunity: Bubble Tea Shop for Sale!
Situated in the bustling town centre of Taunton, this well-established bubble tea shop offers a remarkable investment opportunity for both aspiring entrepreneurs and seasoned investors. With a strong track record and enormous potential for growth, this business is poised to thrive in a prime location that benefits from high foot traffic and visibility. Don't miss your chance to step into a profitable venture in a vibrant market.
Key Business Highlights
The shop is available for sale at an attractive price of £25,000, which includes an extensive array of stock and equipment valued around £20,000. The annual rent is competitively priced at £13,500, and there are no business rates to worry about. With impressive annual sales figures of £150,000 and a lease that has ten years remaining under the Lease Act 1954, this business presents a stable foundation for future success. Additionally, there is a break clause after five years, allowing for flexibility.
The shop comes fully stocked with an estimated 20,000-30,000 plastic cups, valued at £8,000, ensuring that you have enough supplies for two to three years of operation. Included equipment features an ice cream display, ice machine, sealing machine, cooker with induction hob, dumpling steamer, bubble tea sealer, sugar machine, and a point of sale system, among others, creating an efficient and attractive working environment.
A Space with Endless Possibilities
This versatile shop space not only caters to the bubble tea market but also has the potential for alternative business ventures, making it an invaluable investment. Its prime location allows for easy adaptation to meet the demands of diverse clientele, whether expanding the menu or introducing new marketing strategies.
Reason for Sale
The current owner is selling the business due to relocation, presenting a unique opportunity for new ownership to take the reins of a successful enterprise. This transition opens the door for keen individuals eager to explore the burgeoning bubble tea market or to innovate and introduce new business ideas.
Take advantage of this incredible chance to own a thriving bubble tea shop, or consider the potential for other lucrative ventures in a sought-after location!
Additional Details
The shop is conveniently located near essential amenities such as Boots, Iceland, and Sainsbury's, as well as educational institutions and public transport hubs. This accessibility attracts a steady stream of customers and encourages repeat business. The business also boasts an online presence, enhancing visibility and attracting new patrons.
With two dedicated employees and an offer for training to the new owners, you will inherit a well-supported operation to ensure a smooth transition. This bubble tea shop is not just a purchase; it is your pathway to becoming part of a thriving community and contributing to its vibrant culture.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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