Bubble Tea Business - Norlane Shopping Centre

Bubble Tea Business - Norlane Shopping Centre — Food & Beverage · Norlane, Geelong · Asking $150,000 + Stock · Revenue $364,000

Well-established bubble tea business in a busy Norlane shopping centre with consistent foot traffic Loyal repeat customer base and excellent visibility within the centre Secure five-year lease commenced August 2021 with affordable rent and low overheads Straightforward, easy-to-learn operating model suited to first-time or experienced operators Full training and handover support provided by the…

DealProspect/Listings/Food & Beverage

Bubble Tea Business - Norlane Shopping Centre

Takeaway

ActiveFood & BeverageVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000 + stock

Disclosed · AUD

Revenue

$364,000

TTM

Earnings (est.)

Implied multiple

n/a

Stock is extra · value not stated

Brief

Well-established bubble tea business in a busy Norlane shopping centre with consistent foot traffic
Loyal repeat customer base and excellent visibility within the centre
Secure five-year lease commenced August 2021 with affordable rent and low overheads
Straightforward, easy-to-learn operating model suited to first-time or experienced operators
Full training and handover support provided by the current owner

Takeaways in Victoria

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Listed

314

+35 in 30 days

Median asking

$185K

293 priced

Median revenue

$676K

248 disclose

Earnings multiple

1.3×

312 listings

Price drops

in 30 days

Asking price spread293 of 314 state a price

This listing · $150K

20%

41%

31%

Under $100K$1M–$2.5M

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