Boba Coffee Tea in OC - Great Yelp - Absentee

Not Disclosed, CA
Orange County


Asking Price: Annual Revenue:
$150,000 $258,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Boba Coffee Tea in OC - Great Yelp - Absentee Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $150,000
Annual Revenue: $258,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 9
BBN Listing #: 115655232
Broker Reference #: 4898 DK

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Business Overview:

Great Yelp Reviews! Absentee Owner

Located in a busy retail shopping center in Orange County with nice tenant mix, this boutique boba cafe offers quality drinks including boba, coffee, milk teas etc.

Current owner took over business about 2 years ago but they are full time professionals in unrelated industry sectors, running the store with all help run (9 part timers in the employee pool) as an absentee owner.

Nice ambience with great Yelp reviews (4.5+).

Owner operator can improve the current sales and net profit (~$50,000/year).

Has a nice website and presence on Instagram and Facebook - new owner can enhance social media marketing for greater exposure and improve sales.

Monthly expenses - Electric - $400, Gas - $50, Phone - $90, Repairs - $100, Insurance -$1,600 (yr), COG ~ 20%.

This business will be sold fast, so please take action now.

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Reason for Selling:

Other Career.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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