Noah's Ark Teahouse Franchise for Sale Auckland

Description

Business type: bubble tea and specialty tea franchise

Franchise brand: Noah’s Ark Teahouse

Brand established: 2012

Sale type: new franchise opportunity

Existing business resale: no

Development model: greenfield store

Geographic availability: New Zealand

Estimated startup investment: $200,000 to $250,000

Initial stock requirement: approximately $20,000

Stock: additional to estimated startup investment

Financial profile

Typical cost of goods: approximately 16% to 24% of revenue

Typical staff costs: approximately 20% of revenue

Staff cost calculation: includes a working owner

Franchise fees: none until weekly sales exceed $5,000 excluding GST

Franchise

Franchise system: established

Operating model: systemised

Brand recognition: stated as strong

National franchise support: available

Store development: from initial site selection through launch

Franchise support

• Site selection support
• Store fit-out support
• Training
• Launch assistance
• Marketing support

Operations

Business management model: designed to be straightforward

Working owner model: supported

Operating systems: established

Market

Primary market: bubble tea and specialty tea

New Zealand bubble tea demand: stated as growing

Potential buyers

• Owner-operators
• First-time franchise buyers
• Hospitality entrepreneurs
• Existing food and beverage operators
• Multi-unit franchise operators

Further information

Final startup cost: dependent on store size and location