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Chatime Eastgardens Westfields New Site

Location:Sydney, New South Wales

Category:Food

Asking Price:$300,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Chatime Eastgardens Westfields New Site
  • Chatime Eastgardens Westfields New Site
  • Chatime Eastgardens Westfields New Site

Business description

History

Since being introduced in Australia in 2009, Chatime are now set to reach 100 stores across the country in 2018
Far from your average cup of tea, Chatime was founded in Taiwan in 2003 with the goal of introducing the world to the fresh, delicious flavour and fun of modern Taiwanese tea. With over 2,000 t-breweries worldwide, they brew a range of iced teas and hot teas using the freshest ingredients along with fun, tasty mix ins like flavoured jellies and popping pearls. Chatime is a high quality alternative to artificial, sugary iced tea options.

Location Details

Westfield Eastgardens is home to some of Australia's most trusted retailers including Myer, Big W, Kmart, Target, Coles, Woolworths, and ALDI. There is also a Hoyts cinema on site as well as a broad mix of retailers including approximately 70 apparel, footwear and accessories stores.

Marketing support

The Chatime marketing team will support you with marketing campaigns of the highest quality across their seasonal items and promotions. They run national campaigns across social media and digital marketing channels. As a partner, you will be assisted in running local area marketing programs to drive and grow your business.

Training provided

Chatime is dedicated to providing quality, personalised and individual training to each partner whilst maintaining ongoing support for the life of the franchise agreement. You'll receive three weeks of intensive training prior to your store opening, along with one week of instore support from one of our team members when you open.
You will also have access to the online training and support system to assist you and your staff in all your ongoing training needs.

Skills

Chatime are looking for passionate, hard-working people who will mesh well with their fun, innovative culture.

About the Opportunity


A market-leading iced tea franchise
While there are several other iced tea/bubble tea franchise businesses available in Australia, none are as widely recognised as Chatime. They are leaders in the space because of their innovative product range and our clever adaptation to the Western market. As a Chatime franchisee, you get to ride off our success and reputation.
A flexible, comfortable lifestyle
Chatime is not your average hospitality business. Franchisees work an average of 29.6hrs per week, and are able to find the time to do school pick up and fit in life admin as well.
Set up costs
Setup costs start from just $300,000. This includes design and documentation fees, training, shop fit-out, stock and equipment. There is an ongoing monthly royalty of 5.5% and a marketing levy of 3.5%. Chatime is accredited with ANZ bank and funding is available to approved franchisees meeting their criteria.
Ongoing support
With a Chatime franchise, you're not just supported at the start of your journey. They have set it up so you're taken care of throughout the partnership. Chatime will take care of the admin for you, with HR support, bookkeeping, and rostering. Chatime offer ongoing financial and business advice, as well as recommendations to help you improve operations. They will carry out nationwide marketing campaigns to boost the brand, while providing you with your own tools to market locally.

Current Australian Site locations

85

Awards

topfranchise Category winner for the 2017 topfranchise Awards (2017 topfranchise Awards by SEEK Business and 10 THOUSAND FEET)
Placing in the Top 10 for Brand, Lifestyle and Marketing.

Enquire now for your full information pack including financial model, lease, site location, roster

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Ref: NSW08902
Gareth Wolrige
Business Broker
Phone: + 61 2 [Phone Number Censored]
Mobile: +[Phone Number Censored] 762
Email: [Email Censored]

Amy Li
Business Broker
Phone: + 61 2 [Phone Number Censored]
Mobile: +[Phone Number Censored] 058
Email: [Email Censored]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW08902
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