Summary
Currently operating as a bubble tea shop, the space is ideal for coffee, dessert, or Milktea brands targeting Eastwood’s booming Asian-Australian market.
Revenue
$41,000 pm
Rent
$8,875 pm
Net Profit
$10,000 pm
Location Details
Positioned in one of Sydney’s most vibrant suburban retail hubs, this profitable beverage business at Eastwood most prosperous street offers a turnkey opportunity with strong financial returns.
Potential
【Why Eastwood?】
• Market Growth: 22% YoY rise in bubble tea and café spending (2023 Eastwood Local Business Survey)
• Plaza Redevelopment: $500M Eastwood Plaza upgrade to increase foot traffic by 30% by 2026
• Demographic Fit: 45% of residents aged 18–35 – ideal age group for specialty beverage trends
Hours
Trading Hours:
• Sun–Thu: 11am–9:30pm
• Fri–Sat: 11am–10:00pm
Lease
Lease Term: 3 years from November 2024 + renewal options
• Bond: 5-month bank guarantee
• Premises: 60sqm
Employees
1 owner + 1 Part-time
Reason for Sale
Back to Home country
About the Business
【Business Overview】
Positioned in one of Sydney’s most vibrant suburban retail hubs, this profitable beverage business at Eastwood most prosperous street offers a turnkey opportunity with strong financial returns and unmatched brand freedom. Currently operating as a bubble tea shop, the space is ideal for coffee, dessert, or Milktea brands targeting Eastwood’s booming Asian-Australian market. With a streamlined operation, secured lease, and low fixed costs, this 60sqm premises is ready for immediate takeover by an owner-operator or investor.
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【Key Investment Highlights】
1. Prime Eastwood Positioning
• Footfall Magnet: Just steps from Eastwood Station, capturing 12,000+ daily commuters (Sydney Trains data)
• Target Market: 68% Mandarin/Cantonese-speaking population (ABS 2021) – high demand for milk tea and café concepts
• Retail Edge: The only dedicated beverage outlet on bustling Rowe Street
2. Strong Financial Performance
• Monthly Revenue: Approx. $40,000
• Gross Margin: 80% – high profitability on specialty drinks
• Operating Costs:
• Rent: $8,875/month + GST
3. Operational Efficiency
• Turnkey Setup: Fully equipped with commercial appliances, dual restrooms, and POS systems
• Trading Hours:
• Sun–Thu: 11am–9:30pm
• Fri–Sat: 11am–10:00pm
4. Growth Opportunities
• Menu Innovation: Add desserts (e.g., soufflé pancakes, Korean-style drinks)
• Delivery Integration: Leverage Uber Eats/MenuLog for $1,500+/week in extra sales
• Customer Loyalty: Implement a points or membership app to boost repeat business
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【Lease & Facility Details】
• Lease Term: 3 years from November 2024 + renewal options
• Bond: 5-month bank guarantee
• Premises: 60sqm with:
• Front-of-house seating for 15+ customers
• Separate back-of-house prep and storage area
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【Why Eastwood?】
• Market Growth: 22% YoY rise in bubble tea and café spending (2023 Eastwood Local Business Survey)
• Plaza Redevelopment: $500M Eastwood Plaza upgrade to increase foot traffic by 30% by 2026
• Demographic Fit: 45% of residents aged 18–35 – ideal age group for specialty beverage trends
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Why This Business Stands Out
• High Foot Traffic: 200+ daily transactions with minimal marketing spend
• Easy to Manage: Lean staffing model supports semi-absentee ownership
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【Disclaimer:】
All information provided has been supplied by the vendor and is believed to be accurate. Buyers must undertake their own due diligence before purchase.
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