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DealProspect/Listings/Food & Beverage

Hi-Q Ice Cream & Bubble Tea Cafe – Wodonga

Cafe

ActiveFood & BeverageVictoriaB2C
Asking price
$55,000
Disclosed · AUD
Revenue (est.)
~$180,624
Estimated · comparable listings of this type and size
Earnings (est.)
~$39,820
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)
Brief

Walk-in-walk-out bubble tea and ice cream café in Wodonga, the only stockist of Bubble Tea in the area, with exclusive supply agreements including Topolino Gelato, Ramune soft drinks, Yukimi Mochi Ice Cream and Hello Kitty snacks. The venue has approved outdoor seating in the high-traffic Mann Central shopping centre and operates under a 7-year lease from 2023. Bubble tea makes up the majority of sales, with 50% repeat customers and 8–10% new customer growth per month, plus DoorDash and Uber Eats delivery integration.