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- RE: Big Sales Boba Shop, Xtra Low Lease
- Contact: David Smith
Quick Facts
Asking Price: | $365,000 | |
Annual Revenue: | $666,262 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $8,562 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 8 | |
BBN Listing #: | 997667 | |
Broker Reference #: | SOBLAK |
Business Overview:
Maybe the best boba shop on the market for the following reasons. About $670,000 in annual gross sales with a monthly lease of less than $2,000.
This boba shop has major anchor businesses in this plaza, the kind of anchor businesses that this boba shop accents perfectly. Really, I have never seen a boba shop being able to draw in so many customers from a neighboring anchor business in the same plaza. You need to see this benefit in action. This is a 7-star benefit that other boba shops just don’t have. And this is all done with an absentee owner, even.
With a monthly lease this low, you will have your monthly lease costs paid off in the first couple of days of every month. There is lots of life left on this lease and even an option to extend. The size of this boba shop is 960 square feet with seating for 18 people. It is operated by 8 part-time employees.
This is the main boba shop in the area, so very little to no competition at this level. There is also great potential here for a new owner to be banking a solid six-figure annual net income take-home pay.
A new owner could achieve this by working one to two shifts per week (which is generally recommended anyway to keep operations running smoothly) and by continuing to innovate with new drinks and menu items. This seller had intentionally held back on adding new products recently due to preparing for the sale of this business, but this market has historically responded very positively to fresh ideas and offerings.
This is not a franchise, so no extra fees or restrictions; you can alter the menu. This is a busy shopping plaza with a huge free parking lot. This business was established in 2021 and is now selling because the owner's partnership is dissolving.
The sales here are very high, while the monthly lease here is extremely low. This is a 7-star location (means this location is better than good). Almost literally, you will get your investment paid back in no time. Give us a call for more info, and definitely check out this location.
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Property Features and Assets:
Monthly Lease is only $1,932 with the triple net included. Lease expires in July 2029 and has an option to extend. Café size is 960 SQ FT with seating for 18. Clean, bright, and inviting. All the equipment is owned and included in the sale price. Huge parking lot with all free parking. Big shopping plaza with solid anchor businesses.
Market Competition and Expansion:
This is the main boba shop in the area, so very little to no competition at this level. There is also great potential here for a new owner to be banking a solid six-figure annual net income take-home pay. A new owner could achieve this by working one to two shifts per week and by continuing to innovate with new drinks and menu items. With such a great location and a super low lease, there are lots of ways to make more sales.
Reason for Selling:
Owner partnership is dissolving. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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