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HOW I LOST $300,000 ACQUIRING A BUBBLE TEA SHOP

The Shocking Truth About Hong Kong's F&B Traps

FEHD FINES • FEHD FINES • FEHD FINES • FEHD FINES • FEHD FINES • FEHD FINES • FEHD FINES • FEHD FINES •

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Buying a Bubble Tea Shop in Hong Kong?

You're About to Enter a Minefield of...


✔ FEHD Fines – Hidden violations that can SHUT YOU DOWN

 


✔ License Agent Scams – They’ll take your money & DISAPPEAR


 

✔ Construction Disasters – A toilet scam cost me THE BUSINESS


This isn’t theory. This is my $300,000 mistake.

What's inside the guide?

The Brutal Lessons No One Tells You

Mistake #1: Trusting the "Nice" Previous Owners

* How I got sued over an invalid food license


* Why their "you can ask us anything" promise was a lie

Mistake #4: Ignoring Hidden Hardware Disasters

* A leaking AC added to HKD 2,000 to my monthly bill

* The toilet plumbing disaster that cost me my business

Mistake #2: Blindly Following My License Agent

* The HKD 8,000 scam that left me operating illegally

* How agents collude with sellers to hide violations

Mistake #5: Missing Critical Legal Requirements

* Why 1 missing document = HKD 30,000+ in fines


* How student part-timers can sue you if you’re not careful

Mistake #3: Underestimating FEHD’s Bureaucracy

* Why no one at FEHD will help you


* The Kafkaesque paperwork trap that delays approvals for months

Real Talk: Should You Even Buy a Bubble Tea Shop?

✅ DO IT IF:
✔ You test hardware like a mad scientist
✔ You have a trusted third-party inspector

✔ You assume every promise is a lie until proven

❌ DON’T DO IT IF:
✖ You think "it can’t be that bad"
✖ You skip legal due diligence
✖ You assume FEHD will help you

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Why listen to us?

In April 2024, I acquired 2324 Bubble Tea from two young local entrepreneurs—despite having zero F&B experience beyond working as a university barista.

At the time, I was running my content marketing consultancy as a solopreneur and wanted to scale without increasing my workload. Hiring skilled help was impossible (too expensive or already running their own businesses), so I turned to business acquisition.

But what seemed like a smart investment quickly turned into a crash course in Hong Kong’s brutal F&B realities...

FREE BONUS

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📝 Bubble Tea Business Takeover Considerations - Acquisition Research Document

📋 Due Diligence Checklist – The 39 MUST-CHECK Items (Eng + Chin)

I wish I had this guide before losing HKD 300,000

✔ Avoid hidden FEHD violations – spot compliance traps before they shut you down
✔ Detect license agent scams instantly – know the red flags before you pay
✔ Identify legit deals vs. money pits – learn what to look for on your first visit

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⚠️ Warning: This guide is not for people who want "easy success."

It’s for serious entrepreneurs who refuse to lose $300,000 like I did.

Contact Us

At 2324, our content hub for community unites nonprofits/non-profit organizations, educators, and community leaders to address social issues through experiential-learning and civic engagement. As we advance social responsibility and community health, we connect higher-education fellows, local foundations, and donors to create programs that improve societal well-being while giving back.

We facilitate volunteer opportunities through hands-on service projects and skill-based mentoring, while building social partnerships with civil-society groups to tackle systemic challenges. Our philanthropic initiatives carefully align donor goals with neighborhood needs, creating meaningful pathways for engagement.

Those looking to get involved can participate in measurable give-back events, engage in service-learning alongside educators and fellows, or join nonprofit collaborations that make a tangible difference. Contact our executive-director to explore community involvement opportunities—whether through volunteering, sponsorship, or donating—and discover how your contribution creates lasting impact.

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