LEASEHOLD - Hi-Q Ice Cream & Bubble Tea Cafe, Wodonga VIC - 1P0521

Description

Business type: ice cream and bubble tea café

Location: Mann Central, Wodonga, Victoria

Operating model: leasehold

Lease term: seven years from 2023

Business overview

Established café specialising in bubble tea, ice cream and imported beverage products.

Local competition: limited

Repeat customers: approximately 50%

New customer growth: approximately 8% to 10% per month

Sales mix

Bubble tea sales: more than 60% of total sales

Repeat trade: strong

New customer acquisition: ongoing

Products

• Bubble tea
• Topolino Gelato
• Japanese Ramune soft drinks
• Yukimi Mochi Ice Cream
• Hello Kitty licensed snacks

Suppliers

Supply agreements: established

Topolino Gelato: supplied

Ramune products: supplied

Yukimi Mochi products: supplied

Licensed snack products: available

Premises

Renovation: recently completed

Fitout and infrastructure investment: approximately $110,000

Air conditioning: installed

Security systems: installed

Outdoor seating: approved

Additional outdoor tables: possible

Location

Shopping precinct: Mann Central

Customer traffic: high

Street visibility: strong

Seasonal outdoor capacity: available

Lease

Lease commencement: 2023

Lease term: seven years

Rental terms: competitive

Delivery

DoorDash: active

Uber Eats: active

Delivery setup: established

Operations

Walk-in walk-out sale: available

Operating structure: straightforward

First-time buyer: suitable

Owner-operator: suitable

Investor: suitable

Opportunity

Established bubble tea and ice cream café.

Recent fitout and systems in place.

Strong repeat customer base.

Further sales growth potential: available.