Boba Tea Shop In Affluent Peninsula Community
Not Disclosed, CA San Mateo County
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- RE: Boba Tea Shop In Affluent Peninsula Community
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $70,000 | |
| Annual Revenue: | $288,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 8 | |
| BBN Listing #: | 952546 | |
| Broker Reference #: | 4842 |
Business Overview:
Boba Tea Shop in Affluent Peninsula Community for Sale. Absentee Run, Modern Design, Turnkey Operation!
RRC# 4842
Location: San Mateo County
Description:
Located in an affluent community along the busy El Camino Real, this Boba shop’s location is great. It is surrounded by long standing and wildly popular cafes, restaurants, and retail. The immediate area attracts the many kids and teenagers that attend the nearby schools, as well as business folks meeting for coffee and lunch during their workday.
This shop's owner is absentee and easily operated by his small team.
This boba shop is committed to providing hand-crafted, fully customizable boba drinks with premium quality ingredients.
The modern space was newly built from scratch in 2018-19. A new owner will have the peace of mind that all electrical, plumbing, equipment and fixtures are going to last. The original owners invested over $250,000 in the design, construction, and equipment!
This business is 100% absentee owned, so a new involved owner operator could benefit and profit within this space.
Full Equipment List provided upon request.
Reach out now about this Boba Shop for Sale in affluent Menlo Park!
Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: $24,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $288,000
Annual Cash Flow: Contact For Info
General Info:
Ownership: LLC
Established: 2020
Employees: 6-8
Reason For Sale: Other Interests
Monthly Rent: $4,529.06 +/-
Expiration: 8/31/24
Facilities:
Square Feet: 800
Seating: 12 inside and 4-6 outside
Parking: Easy street and local lots
Licenses: Health & Business
Days/Hours of Operation: 7 Days 11-7pm
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Property Features and Assets:
Facilities:
Square Feet: 800
Seating: 12 inside and 4-6 outside
Parking: Easy street and local lots
Licenses: Health & Business
Days/Hours of Operation: 7 Days 11-7pm
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2020
Employees: 6-8
Reason For Sale: Other Interests
Monthly Rent: $4,529.06 +/-
Expiration: 8/31/24
Reason for Selling:
Other InterestsAdditional 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
Documents:
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