(Sold) Bubble Tea Shops Business And Company For Takeover

COMPANY PROFILE: 1) LifeStyle and Trendy take away Bubble Tea beverages. 2) Innovative and Technology oriented e.g process, customer service, online order, contactless order and CRM etc. 3) Established in 2019. 4) 5 outlets with very prime locations at different shopping malls. Sales: 1) Annual Group Revenue: $3M - $4M. 2) Gross: 65 - 70% +/-. 3) Net profit: 15-20% +/-. 4) Projected revenue: $4M to $6M. 5) Forecast Net profit : $500K to $600K. Asking Price: 1) S$2.5 million. Selling price include all the recipes. 2) Franchise copy right and trademark under company name. The unique selling point of concept. 3) Franchisor will provide well training to owners or new staff. All the manpower, the SOP, all equipment, shops renovation, solid customer base and huge potential to grow. 4) Established website, social media with fans and supporters. All the media articles documented online. 5) *Exclusive of rental deposit to mall and material on hand*. Key Merits: 1) Highly Value Track record: stable sales and strong customer base. 2) Good scalability : easily duplicated and can do franchise model. 3) Highly earning visibility: - Fast moving concept. - Pandemic proven. - Repeated consumption model. - With high value added potential. - Strong differentiation from other market players. 4) Large captive market: mainly 20 to 50 age group regardless of gender. 5) Unique concept and well marketing positioning. 6) No wastage of raw material and good quality control of the base product. For Enquiry, WhatsApp Z Lim at https://wa.me/6596199991