Listing Id: 26288
Total Views: 2397
(Sold) 5 Bubble Tea Stores Locally | $3.6M Yearly Revenue | Owner Retiring For Good
Central Area
Date Closed: 10/05/2023
Asking Price: S$1M - 5M
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
Shopping Mall
-
Premise Size
N/A
-
Monthly Rental
N/A
-
Rental Desposit
N/A
-
Revenue
S$300,000
-
Liability
N/A
-
Gross Profit
N/A
-
Net Profit
N/A
-
Stock
N/A
-
FFE
N/A
-
Payable
N/A
-
Receivable
N/A
-
Owner Role
Full Time
-
Staff
N/A
-
Established
N/A
-
Source
Broker
Reason For Sale
Owner is a couple planning on retiring, plans to travel thus selling off business
Description
5 Bubble Tea Chain Stores with Total Revenue of $3,600,000 SGD p.a. Ready to let go as the owner is deciding to retire for good.
- Profit in Green since inception.
- 5 Outlets Across Singapore (1 operates 24/7) (NORTHWEST, WEST, EAST, CENTRAL, NORTH CENTRAL)
- Full manpower provided (HR, Marketing Managers, Supervisors & Outlet staff).
- Bubble Tea Rewards System & App in place.
- E-delivery system is all set up (Foodpanda, Grab, Lalamove & Deliveroo.)
- International Taste Insititute 2020 3 & 2 Stars Awarded.
- News & Digital Media Coverage by 8 Days, TODAY, EatBook, DanielFoodDiary & many (10++) more.
The owner is willing to let go of 100% shares while advising for 6-12months after the takeover. Price Negotiable.
Poland