Chatime Event Cinemas George St – Existing Company Store

Price: $65,000 Location: Sydney City, NSW Ref: 5091771
Agent:
Amy Li
Agent Phone:
Office Phone:
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Business Headline :
Chatime Event Cinemas George St – Existing Company Store
Price :
$65,000
Category :
Food/Hospitality, Restaurant, Cafe/Coffee Shop, Takeaway Food
Full Description :

Summary

On offer is this amazing opportunity to not only own and operate your own Chatime Franchise but to purchase the most affordable Chatime on the market with this existing store sale!!

Location Details

Located right in front of Event Cinemas on George Street. Milk tea near movies!   This area is set to boom now the light rail is finally finished!!

Chatime is the fastest growing iced tea franchise in Australia. We’ve launched more than 110 new Chatime T-Breweries, in our first 10 years. Today Australians of all nationalities get the chance to try our fabulous and flavoursome creations.

Along the way we have won a many awards but our most valuable is recognition from our own franchisee’s who have voted us into the Top 10 performing franchisee systems in the SEEK Business and 10,000ft Top Franchise Awards.

With a commitment to quality ingredients and mix-ins and a flare for innovative flavour combinations, Chatime set out to brew nothing but the very best iced teas.

If you are passionate about this interesting tea culture, love people and growing a business, Chatime is the perfect brand for you!

Key Features of this business:

  • Milk tea near movies!
  • No experience required!
  • Premium location with huge potential!
  • Currently run under management but would suit an owner operator
  • Opportunity to trade longer hours than currently operating to increase turnover and profitability

Don’t delay! This is a fantastic opportunity to join this fastest growing successful franchises on the market!

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5091771#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5091771#enquire-now

Annual Rent : $180,805 - Weekly Rent : $3,477

Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Oct 2011

Lease End : Aug 2021

Current Outgoings pa: $55,295

Total Floor Area : 55 Square Metres

Franchise : Franchise Resale

Franchise Royalties : $10

Approximate Stock Value : $5,000

Year Established : 2011

Days Trading : 7

Reason for Sale : Company strategy changed

Location : Sydney

Business Potential : Online promotion

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