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Established Bubble Tea Shop In Kilburn For Sale

Kilburn, London, UK
Asking Price:
£100,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£51,000
Net Profit:
Under £50K

Bubble tea business in Kilburn for sale; new owners can take over from this September; we can provide training and help handover for 1-2 weeks.

Property Information

Property:

Leasehold

Leasehold Rent:

£9,000 per annum

Location:

Unit 5 inside Kilburn plaza in Kilburn High Road.

Business Operation

Expansion Potential:

A few times we have been asked about franchising so this is definitely something that can be looked into.

Competition / Market:

There are a few bubble tea shops opening in the area, but our store is the oldest and most established, and many customers say our drinks are significantly better than those of our competitors both in the area and around London.

Reasons for selling:

Family commitments are growing and so we don’t have time to focus on the business.

Trading hours:

Mon-Fri: 3-7pm
Sat-Sun: 12-7pm

Employees:
3
Years established:
3.5

Other Information

Support & training:

We can offer 1-2 weeks of training and handover support.

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£6,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.