Mailbox Estates is delighted to offer this rare opportunity to acquire a popular, profitable, long-established Bubble Tea & Dessert Shop, ideally positioned in a prime high-footfall location with a McDonald's directly opposite. Boasting an impressive Annual turnover of £85,000.
REASON FOR SALE: Our client is selling the business due to other commitments
THE OPPORTUNITY: -Location: Prime position in a busy town centre with high footfall, excellent visibility, and other shops nearby. -Weekly Turnover: Just above £1500 on average Hygiene: Awarded a 5-Star Food Hygiene Rating, reflecting the highest standards. -Fully equipped with high-quality, modern equipment, enabling smooth and efficient operations. -The business has delivery partners fully set up
LOCATION: -Bold signage displayed across the width of the shop, with an entrance door and large glass windows that allow natural light to flood the store, creating a bright and inviting atmosphere. -Located in a busy town centre with shops, providing a steady stream of local customers and repeat business. -Strong community presence with big brands around the business such as McDonalds, Subway, H&M and Peacocks.
WEEKLY TURNOVER: -We have been advised by our client that the business generates an average weekly turnover of £1500 - Just Eats, Uber Eats and Deliveroo Services are being used
Rent The annual rent is £16,200 which comes to around £1,350 per month
Ground Floor: -The ground floor is designed for efficiency, featuring a rear prep room, and individual workstations for each staff member. - CCTV with recording - Staff W/C -Rear Kitchen -Storage Room
TENURE: -The business is being offered for sale by way of an assignment of a new renewable lease of 10 years with rent reviews every fifth anniversary.
STAFF: -The business is operated by the owner, supported by a team of three staff.
FIXTURES & FITTINGS: -The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
RATES: - £0 per year. ( small business rates relief ) - Purchasers should enquire with relevant local authorities to confirm the rates payable.
LEGAL COSTS: -Each party to be responsible for their own legal costs in connection with the sale -Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
TRADING INFORMATION: Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises
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