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Boba Tea Shop - Absentee Owner
Business Description
ANNUAL GROSS: $584,000 (2024)
MONTHLY RENT: $4,034
LEASE TERMS: 5 YEARS
STORE SIZE: 1,000 SF
SEATING CAPACITY: 16-20
OPEN HOURS: 11:30AM-9PM
EMPLOYEES: 8 PT
WAGE: $12,000/MO.
OWNER SINCE: 2019
FINANCING: 50% DOWN, 50% BANK LOAN
REASON FOR SELLING: LOOKING FOR OTHER OPPS.
NOTE: HAS FULL KITCHEN WITH HOOD.
ABSENTEE RUN. GREAT LOCATION NEXT TO RESTAURANTS.
FULL TIME OWNER CAN MAKE 10K PER MONTH.
ROOM TO ADD MORE HOT FOOD ITEMS. POTENTIAL TO GROW.
BUYER HAS OPTION TO GO WITH FRANCHISE OR INDEPENDENT.
20K TRANSFER FEE. 6% ROYALTY.
MONTHLY RENT: $4,034
LEASE TERMS: 5 YEARS
STORE SIZE: 1,000 SF
SEATING CAPACITY: 16-20
OPEN HOURS: 11:30AM-9PM
EMPLOYEES: 8 PT
WAGE: $12,000/MO.
OWNER SINCE: 2019
FINANCING: 50% DOWN, 50% BANK LOAN
REASON FOR SELLING: LOOKING FOR OTHER OPPS.
NOTE: HAS FULL KITCHEN WITH HOOD.
ABSENTEE RUN. GREAT LOCATION NEXT TO RESTAURANTS.
FULL TIME OWNER CAN MAKE 10K PER MONTH.
ROOM TO ADD MORE HOT FOOD ITEMS. POTENTIAL TO GROW.
BUYER HAS OPTION TO GO WITH FRANCHISE OR INDEPENDENT.
20K TRANSFER FEE. 6% ROYALTY.
About the Business
- Years in Operation
- 6
- Employees
- 8
- Facilities & Assets
- 1000 sq.
Full Kitchen - Market Outlook / Competition
- Not much competition
- Opportunities for Growth
- Owner- operator can make 10k per month.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $4,034.00 per month
About the Sale
- Seller Motivation
- Too much headache
- Transition Support
- Seller will train
Listing Info
- ID
- 2326781
- Listing Views
- 1525
Listing ID: 2326781 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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