Bubble Tea Shop in West Sussex For Sale

Shopping centre locality, excellent trading position, residential, office and commercial area, West Sussex.

Turnover £ 2,000
Price £80,000

Features

Franchise Bubble Tea Shop

4 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, laminated strip floor, spot lights, sales counter, EPOS till, topping fridge, ice machine, bubble tea machine, blender, waffle machine.

Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 80% approx.

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11am - 6pm
SUNDAY 11am - 4.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £20,000 p.a. + VAT In addition we understand there is a Service charge of £4,800 p.a. approx.

Business Rates from April 2025 £4,000 approx. (Please contact local authority to confirm)

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote