Downtown Monrovia Boba Shop for sale fully furnished flexible lease

Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$150,000
Included in asking price
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Downtown Monrovia Boba Shop for sale fully furnished flexible lease


Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$150,000
Included in asking price
Business Description
Exisiting Boba Business, All FF&E included. Can take over business immediately or start a new one. 2360 sq ft with full sized kitchen, storage, all equipments, shelving, employee restroom and dedicate office. Rent at $4.95/sq ft Plus NNN. Owner very flexible. Terms Negotiable. Fully renovated with two new energy saving mini-split air conditioning units. Right in the middle of downtown Monrovia and Farmer's Market which has been running for the last 25 years. Great visibility. Plenty of public parking. Rarely offered. Perfect for the following:

1)franchise restaurants
2)coffee shops
3)sushi togo
4)convenience store
5)brunch restaurants
6)Dim sum/Chinese Restaurant
7)Hot Pot Restaurants
About the Business
Years in Operation
1
Number of Employees
10
Facilities & Assets
Current owner has spent ~$350,000 on renovations & high grade equipment: New roof coating, brand new air conditioning units (Daiken), brand new commercial grade kitchen, brand new restrooms, and more! With minimal upfront investment, this turnkey restaurant space is ideally positioned to attract tenants seeking low startup costs. Given its fully built-out, ready-to-operate condition. One of Southern California's most authentic downtown experiences. The Boba business may be included in the sale, but is not required. Contact listing agent.
Market Outlook / Competition
Medium competition. Perfect to transition into a coffee/boba shop with food. Will be able to attract even more customers. In the middle of the farmer's market which is every friday for the past 25 years. Walkable score over 90.
Opportunities for Growth
This location is existing and is perfect for another drink shop, franchise restaurant chains, sushi togo, korean bbq, hot pot, any ethnic food,coffee shop, grocery store. Has full kitchen. Approved for 45-50 seating.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,360
Rent
$11,800.00 per month
Lease Expiration
7/1/2028
About the Sale
Seller Motivation
Owner has other investment opportunities
Transition Support
Will train if maintaining same type of business. Two week training will be included with the sale of this business
Listing Info
ID
2387142
Listing Views
480

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Business Listed by: Jaysen Wang

Listing ID: 2387142 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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