Price
$475,000
Profit *
$200,000
Sales Revenue
$461,000
Location
Wellington Region, Lower Hutt
Category
Food/Hospitality, Juice Bar
Listing #
EL04990
High Sales – Easy to Run – $200k Surplus
Noah’s Ark Teahouse has been serving bubble tea lovers since 2012 and is now expanding nationwide as a franchise company. The Queensgate Shopping Centre store is one of the strongest performers in the group, now being offered as a franchise opportunity.
Opened in 2021, this high-profile kiosk enjoys prime placement in one of Wellington’s busiest shopping centres, delivering average weekly sales of $8,862 (incl. GST) and generating a surplus of around $200,000 per annum for a working owner
With a simple operating model, lean staffing, and clear systems, this is a super easy business to learn and run, whether you’re experienced in hospitality or looking for your first business.
You’re not just buying yourself a job – you’re buying a business that pays well, with the scope to drive efficiencies and further boost profitability.
Why this business stacks up:
With inclusivity, innovation, and community at its core, Noah’s Ark is building a strong national presence. Queensgate is your chance to take on a top-performing site with immediate profitability, long-term security, and the strength of a proven franchise system behind you.
Asking $475,000 plus stock ($10,000).
Rafiq Bhamani, 021 129 1916, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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