Quick Sale! Yi Fang Bubble Tea Business In London For Sale

Overview

Description


London, UK

Asking Price:


£50K – £100K

Furniture / Fixtures and Inventory / Stock included

Turnover:

£50K – £100K

Net Profit:

Under £50K

Popular Taiwanese bubble and fruit Tea.

Yi Fang franchise.

Brand new store opened in October 2022. Close proximity to emirates stadium, holloway station and London met university.

Scope to increase sales by introducing food and snacks.

Royalty fee 6% of sales. Franchise fee paid by existing owner. Store fully furnished and new. Extensive support available from Yi Fang

Owners looking for a quick sale as relocating abroad.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

5 year lease contract

first year half rent at £11,500
Second year onwards £23k
Lease can be renegotiated with landlord and new buyer

Leasehold Rent:

£11,500 per annum

Living Accommodation:

n/a

Location:

In the hub of residential flats, student accommodation and university student union

Premises Details:

n/a

Size in square feet:
500
Planning Consent:

n/a

Business Operation

Expansion Potential:

Scope to expand product line with the help of the franchise.

Can be turned in a high demand supermarket; offering hot meals, cakes and snacks.

Competition / Market:

Small independent, non franchise competitors -serving completely different product to YiFang

Reasons for selling:

Owner relocatting abroad-needs quick sale

Trading hours:

1-8PM 7 DAYS

Employees:
4
Years established:
Less than 1 year

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

6% royalty fee (includes all marketing and promotions)

They will provide stock directly from Taiwan and deliver to you

Other Information

Support & training:

Full training will be provided by the owner and the franchise will also help guidance and support

Financing available:

n/a

Furniture / Fixtures value:
£30,000 – included in the asking price
Inventory / Stock value:
£2,000 – included in the asking price



Source link

Address

  • City London
  • Country United Kingdom

Details

Updated on March 14, 2023 at 9:49 am

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