SUMMARY
Turnover $500K per annum (Ex GST) (approx.). Great Net Profit!! Established April 2022. Good lease commenced April 2022. Good rent deal.
ABOUT THE OPPORTUNITY
This business is essentially a specialty tea house which supplies a variety of refreshing & nutritional hot & iced teas, which are tailored to individual tastes. Chatime draws from traditional Taiwanese tea concepts to create a delicious fusion of flavors. Chatime continuously develops new drinks to keep the menu fresh and dynamic. Real Australian Dairy Farmers milk and creams are used in the tea products produced. There is also the ‘Vitasoy’ non dairy option.
The Chatime Menu broadly includes: Milk Tea; Flavoured Milk Tea; Fruity Fresh Tea; Fresh Tea; Tea Latte; Chiller; sparklings and pateries snacks.
The business is very simple to run, the franchisor taking care of marketing, new product development, corporate imaging, etc.
LOCATION DETAILS
The premises are located with 180 degrees open air exposure to a main thoroughfare. The floor area of the premises is approximately 30 m2. They are at ground level in a medium sized, single level fully enclosed shopping centre.
The main anchor tenants are Woolworths Supermarket, Coles Supermarket, Kmart and Target. Some of the nearby businesses to the premises include: Subway, TK Maxx, Cotton On, Lowes, etc.
THE BRAND
Chatime was founded in Taiwan during 2003. The group now boasts over 1000 stores globally, including over 70 outlets in Australia. Globally, in addition to Australia and Taiwan, Chatime stores are found in China, Hong Kong, Macau, Vietnam, Indonesia, Malaysia, Singapore, Philippines, ndia, Korea, UAE, UK, Canada and USA.
GREAT OPPORTUNITY TO GET INTO THIS SOUGHT AFTER FRANCHISE GROUP!!!
Asking $195,000 + SAV.
Phone: [Phone Number Censored] or [Phone Number Censored]
Website: [Web Link Censored]
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