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First Time On The Market! Majestic Tea Bar, Barrington.

Listing: #CS00587

Sami Chesterton

Broker | Christchurch

Sami Chesterton

sami.chesterton@linkbusiness.co.nz

+64 3 366 3394

+64 21 02978810


About this Business for sale in Canterbury

First Time On The Market! Majestic Tea Bar, Barrington.

Majestic Tea Bar is a boutique retail and hospitality franchise. The unique offering is tea and handmade chocolates, along with all the usual coffee options. 

This flag ship site in Christchurch has been in the hands of the franchisor, and is now on the market for sale.

Profits over $100,000 fully managed

Owners operators wanted - you will enjoy earnings in excess of $150,000 as a fulltime working owner. Equally, this would make a very profitable business for a partnership/husband and wife team

  • Beautiful fit-out, only 3 years old
  • Lease very reasonable for a mall rent to revenue ratio is only 7%
  • Loyal customer base, seating numbers soon to be increased to meet growing customer demand and will therefore increase sales
  • Sales growing month on month, year on year (8.7% growth in last financial year),
  • Sales were in excess of $814,000 (incl. gst) last financial year

This is a great franchise cafe, situated in a high profile site in Barrington Mall. If you are looking to buy your dream cafe, this is a perfect choice. No hospitality experience needed, just a passion for great service and food...you will have ongoing training and support by the franchisor.

Give me a call ASAP  - this won't be on the market for long.

Price $449,000 plus stock approx $6,000.

 

To find out more, go to linkbusiness.co.nz/CS00587 and press the “Enquire Now” button to complete an online confidentiality agreement.


Sami Chesterton, 021 0297 8810, sami.chesterton@linkbusiness.co.nz
 

***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.

#franchise #cafe #christchurch

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Christchurch
sami.chesterton@linkbusiness.co.nz
+64 3 366 3394
+64 21 02978810

Sami Chesterton

Enquire Now

*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.