Singapore  Singapore

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Listing Id: 26288 Last Refreshed: 10/05/2023 Total Views: 1424

(Sold) 5 Bubble Tea Stores Locally | $3.6M Yearly Revenue | Owner Retiring For Good

Central AreaBubble Tea StoresDessert ShopsFood Stalls
Asking Price: S$1M - 5M
  • 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
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
LionBrokers Singapore LionBrokers Singapore

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  • Reason For Sale
  • Description
  • Property Information

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.

Property Information

Rent
Premise Status
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