Bubble tea shop for sale in Richmond upon Thames located in the town centre
Richmond upon Thames, London
- Status
FOR SALE
- Advert ID
651885
- Leasehold: Price on Application (Stock at valuation)
- Rent: £50,000 (£4,167 per month)
- Turnover: £250,000 (£4,808 per week)
- Profit: On request
Key Features
- High repeat customer trade
Business Details
Bubble tea shop sale in Richmond town Centre
Located in a prime area with excellent foot traffic, this bubble tea shop in Richmond upon Thames presents an extraordinary business opportunity. The shop boasts a diverse menu that features unique bubble tea flavours, including matcha and enticing seasonal promotions, ensuring there is something for every palate. The modern and inviting interior design is complemented by comfortable seating, creating an atmosphere where customers can relax and enjoy their drinks. Additionally, attractions such as a cotton candy vending machine further enhance the customer experience, making the establishment a popular destination.
With a robust five-year establishment history, this bubble tea shop has carved out a significant presence in the market, augmented by eye-catching signage that appeals to both local residents and passing trade. The business is well-positioned for growth, currently achieving an impressive annual turnover of £250,000, with an annual rent of £50,000. Notably, there is minimal competition in the area, which further strengthens its viability as an investment.
The current owner has managed the business successfully for two years and is now looking to sell due to the arrival of a newborn. This transition presents a unique opportunity for new owners to step into a flourishing business without the challenges often associated with start-ups. The sale includes all necessary fixtures and fittings, making it a seamless handover for the next proprietor.
Additionally, the shop enjoys a strong online presence, which can be leveraged to attract even more customers. The owner is willing to provide training for the new owners, ensuring they are well-equipped to continue the shop's legacy of success. With a loyal customer base and high repeat trade, this bubble tea shop is a fantastic opportunity for anyone looking to invest in a thriving business environment.
Key Details
- High repeat customer trade.
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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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