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High Profit Milktea Franchise|Net $7k p/w

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Mascot NSW 2020

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Floor area: 45m2
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Profitable Franchise MilkTea Business - Mascot NSW|Net$ 7K pw

Profitable Franchise MilkTea Business - Mascot NSW|Net$ 7K pw
**Summary**
Seize this rare opportunity to own a globally renowned franchise milk tea brand, operating over 25 stores Australia Wide. With high brand recognition, loyal customer bases, and excellent profitability, this is a turnkey opportunity for an aspiring entrepreneur or investor.
**Key Features**
• Global Brand Recognition: A household name in premium milk tea, originating from Taiwan with a luxurious fit-out and strong family-oriented franchise network.
• Strong Financial Performance:
• Annual Sales - $1.05M, (Net Profit: $400K p.a.).
• Simple Operations: Strong corporate catering and delivery platforms (Uber Eats, Menulog, DoorDash, etc.).
• Loyal Clientele: Repeat customers and a large social media following.
• Long-term Stability: Secure 7+7 years lease agreements with attractive rental terms.
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Property Details for Contact Agent For Address, Mascot

Building Type
Commercial
Floor Size
45m2

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About Mascot 2020

The size of Mascot is approximately 12.1 square kilometres. It has 29 parks covering nearly 1.7% of total area. The population of Mascot in 2011 was 10,178 people. By 2016 the population was 14,792 showing a population growth of 45.3% in the area during that time. The predominant age group in Mascot is 20-29 years. Households in Mascot are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mascot work in a professional occupation. In 2011, 64.6% of the homes in Mascot were owner-occupied compared with 49.5% in 2016.

Mascot has 11,666 properties. Over the last 5 years, Houses in Mascot have seen a 39.02% increase in median value, while Units have seen a 3.08% increase. As at 31 October 2024:

  • The median value for Houses in Mascot is $1,830,264 while the median value for Units is $876,053.
  • Houses have a median rent of $925 while Units have a median rent of $950.
There are currently 68 properties listed for sale, and 73 properties listed for rent in Mascot on OnTheHouse. According to CoreLogic's data, 625 properties were sold in the past 12 months in Mascot.

Suburb Insights for Mascot 2020

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Jeffrey Lei
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Jun Ok
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ANND PROPERTIES GROUP PTY LTD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.