Famous Hong Kong Lemon Tea

Focus on other business

Rental is for 2 shops (700 & 400 sf respectively)
Famous Hong Kong Lemon Tea with 2 operating stores in Orchard and business district. Good branding.
Master franchise for Singapore for 5 years (4 years remaining) and renewable for another 5 years
Leases for 2 stores - remaining 2+ years
Potential for expansion
All equipment, inventories and contracts included.
Well established and efficiently developed supply chain
Well trained and professional team of tea barista and good pool of part timers.

Tea making equipment, freezers, chillers, furnitures and fittings.

Lemon tea has yet to catch on in Singapore but has developed good foothold in China, Hong Kong, Malaysia and Philippines.
As this is handcrafted tea, it's more labor intensive than conventional bubble tea stores.

Currently, we have 2 stores in the Orchard and Marina area. Potentially this brand can attract lots of attention if situated near MRT or the major shopping belt.

Yes, this is franchise business.
5 years Master Franchise for Singapore. Currently paid franchise for 2 stores. Balance 4 year available. Renewable for another 5 years.
Franchise fees payable per branch is RMB128,000.
Royalty fees of 2.5% based on GTO payable monthly. Withholding taxes to be paid by Master Franchisor in Hong Kong.

2 of the staff are trained by the Master Franchisor from Hong Kong. All 4 regular staff are well trained in the SOP of tea preparation.
Master franchisor will be able to provide training if necessary.

Experience in F&B with capital for expansion

Yes, seller financing is available.
Downpayment of 30%, balance to be payable with interest over the next 6 months