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Listing Id: 33724 Last Refreshed: 02/04/2025 2107 Views Agent Ref: 21259

Sharetea in North West Growth Area, Under Management, No Competition with Great Profits. Long Lease

Expired
Asking Price $279,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
N/A

Business Details

Reason For Sale

NA

Description

This well-established business, trading strongly since 2021, is benefiting from an ever-expanding customer base and a continual flow of innovative product offerings. With a dedicated team in place and minimal owner involvement, the business is thriving and poised for even greater growth, especially as the suburb stands to benefit from significant new developments.

Business Highlights
* A beautifully presented store with high-quality fit-out and indoor seating space.
* Prime location opposite Coles in a busy community shopping centre, ensuring maximum visibility.
* Long lease in place until 2026 with a further 5-year option, providing certainty until 2031.
* Strong sales approaching $550k, ensuring steady cash flow.
* Low rent, driving high profit margins.
* Easy to operate with no prior experience required.
* Comprehensive franchisor support and training provided.
* Ideal for both owner-operators and investors.
* Positioned in the North West Growth Area, with 33,000 new homes planned in the next few years, providing substantial growth potential.

The Opportunity
This business ticks all the boxes, offering excellent returns and a prime position in a rapidly growing market. Take advantage of this great investment opportunity!

Contact the broker on 0481 588 488 for more information.
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