Office ID: #000946
Franchise Taiwanese brand bubble tea café in Northeast Dallas is now available for acquisition. This business was originally established in 2016 by the current owner as the 1st franchised location of this brand in Texas. This franchise is consistently growing to almost 80 locations in U.S. as of today and is still growing. This unique bubble tea business occupied in a 1,006 SF space of open mall is next to one of the busiest highway of a city with heavy traffic. The premium mall is anchored by nationwide department stores, numerous national retailers and restaurants that that attract a large number of people to this area. This authentic Taiwanese bubble tea shop has various unique products that range from different flavors of special signature tea, yogurt drink, Lactaid milk tea, slushes, cream float tea, milk tea, fresh fruit tea, flavored tea with all kinds of customized toppings. Competition is usually expected in this industry, but this franchise bubble tea house has been well-positioned in immediate market area and has been successfully operated due to its brand awareness and superior, strong product line. In addition, not only is this business the only bubble tea house in the mall, but also there are no direct competitors in 2-3 miles. Most of the customers are in 20-30 age groups visiting this prime shopping mall from the surrounding densely populated residential neighborhoods as well as entire DFW area as the trade area of this premier mall exceeds 20 miles. Gross sales of this bubble tea store have been consistent for the last several years running at around $270K-295K per year due to its strong product line, superior quality and customer service. Currently, minimal to none marketing is in place, and proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, daily special, and 3rd party delivery services are needed to be fully utilized to achieve maximum income potential. Marketing efforts on catering service to corporate offices and headquarters, medical offices, and churches nearby can also greatly improve the sales as a catering business still remains under-served. This business has much more rooms to expand by adding more employees, coupled with pro-active marketing and new owner's active involvement in day to day operation. It will be able to reach its full potential and definitely can bring the revenues up. A potential Buyer operating this business on a full-time basis along with proactive marketing tactics is what this business is looking for in order to truly realize full potential and operate at maximum capacity.
This business is located in a 1,006 SF space of open mall which is anchored by a nationwide department store, numerous national retailers; all placed next to one of the busiest highway in the city and is surrounded by densely populated residential neighborhoods. All equipment is in impeccable condition and in excellent working order.
There is currently no single pro-active marketing being done, and the business needs a full scale of marketing which includes online and offline marketing to expose itself to public and local customers.
This is the only bubble tea place in this shopping mall and there is no other direct competitor within the immediate market area.
While Corporate will provide a comprehensive hands-on training, the current business owner will provide training and support to make the transition as seamless as possible.