Asian Market & Boba Tea Restaurant For Sale
Business Description
Established Asian Market (over 30 years in Panama City) selling groceries, boba tea, prepared Filipino food, Western Union/Vigo and Balak bayan boxes. Purchase includes the business, fixtures, inventory and 3500 square foot building in the bustling downtown area of Panama City, FL. THIS IS A PROFITABLE BUSINESS with room for continued growth. Downtown Panama City is growing and new businesses are coming in. There are multiple organizations marketing and promoting the downtown area, as well as many events taking place throughout the year, to bring people into the area to aid in producing sales.
About the Business
- Years in Operation
- 37
- Number of Employees
- 8
- Facilities & Assets
- Walk-in freezer, reach in coolers, reach in freezers, prep cooler, ice cream tub freezer, ice machines, security camera system, Clover POS stations, other miscellaneous machines, tables and chairs, metal food prep tables, industrial shelves for storage, store display shelving, etc. The store also sells balikbayan boxes and send money via Western Union/Vigo for additional income.
- Website
- HTTPS://Oceanorientalmarket.com
- Market Outlook / Competition
- Only one other Asian market in the area with similar inventory. First business to offer boba tea in the area and it has become very popular.
- Opportunities for Growth
- Plenty of room to add to bottom line. Many requests to open additional locations.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,500
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 30 days hands on. 6 months phone consultation.
Listing Info
- ID
- 2329691
- Listing Views
- 2088
Business Location
Listing ID: 2329691 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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