Hot Listing
Smoothies, Juices, Boba. E2 Visa. Very profitable for Owner operator
Business Description
This unique store specializes in a variety of delightful offerings including Boba tea, smoothies, juices, ice cream, and macarons. It is strategically located in a bustling strip mall with high foot and vehicle traffic, anchored by popular dining establishments such as Chipotle Mexican Grill, Little Greek, and Pizza Hut.
Currently, the business is being operated by 15 part-time employees on W2 as the owner is absentee. Despite this, the store remains a profitable venture. However, the potential for increased profitability is significant, especially for an owner-operator. By taking a more hands-on approach, the owner can reduce the staff to one-third, thereby exponentially increasing profit margins.
The store operates under the fictitious name (DBA Chewy Boba Company), which is a registered trademark. It's important to note that there is an annual fee of $6,000 with a 3% annual increment to maintain the rights to operate under this DBA. Nevertheless, this fee will be waived for the new owner during the first year of operation.
The P&Ls reflect the results in the case of an owner-operator. The "other" add-back represents the reduced cost of excess employees. P&L 2024 is updated from January to July
SELLER MOTIVATED!
Currently, the business is being operated by 15 part-time employees on W2 as the owner is absentee. Despite this, the store remains a profitable venture. However, the potential for increased profitability is significant, especially for an owner-operator. By taking a more hands-on approach, the owner can reduce the staff to one-third, thereby exponentially increasing profit margins.
The store operates under the fictitious name (DBA Chewy Boba Company), which is a registered trademark. It's important to note that there is an annual fee of $6,000 with a 3% annual increment to maintain the rights to operate under this DBA. Nevertheless, this fee will be waived for the new owner during the first year of operation.
The P&Ls reflect the results in the case of an owner-operator. The "other" add-back represents the reduced cost of excess employees. P&L 2024 is updated from January to July
SELLER MOTIVATED!
About the Business
- Years in Operation
- 8
- Employees
- 14
- Facilities & Assets
- Strip Mall
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,950
- Rent
- $5,336.00 per month
- Lease Expiration
- 11/30/2032
About the Sale
- Seller Motivation
- Partnership dissolution
- Transition Support
- 2 weeks for free
- Financing Options
- 180K down and 45K in 24 x with 7.5% interest
Listing Info
- ID
- 2289260
- Listing Views
- 5554
Listing ID: 2289260 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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