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- RE: Boba Tea Shop ReSale: Prime Location
- Contact: Joseph Kim
- License #: 567204
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $474,020 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $117,697 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 7 | |
BBN Listing #: | 991705 | |
Broker Reference #: | #001501 |
Business Overview:
Boba tea shop for sale in a prime location! Now available for acquisition, this thriving absentee-owned boba tea shop offers a low cost of goods and strong growth potential. Established in late 2023 by the current owner, the business has experienced steady growth and continues to build a loyal customer base. The shop specializes in a wide variety of popular beverages including boba teas, smoothies, and sodas, complemented by trending dessert items such as mochi donuts, gourmet cookies, and more.
Located in the heart of Tarrant County, this business operates out of a spacious 2,150 sq. ft. unit within a vibrant mixed-use development. It benefits from a high-visibility location adjacent to a busy shopping mall filled with national retail chains, diverse dining options, and popular entertainment venues?driving consistent foot traffic to the area. In addition, the shop is surrounded by several upscale apartment complexes, condominiums, and single-family homes. The customer base consists primarily of middle- to upper-income individuals spanning a wide range of age groups.
While there is some nearby competition, primarily from national franchise chains, this business distinguishes itself as a locally owned, mom-and-pop shop known for its broad menu, high-quality offerings, and inviting, thoughtfully designed interior. Its unique charm and personalized service give it a competitive edge.
Currently, the business relies primarily on word-of-mouth and an official website, with its social media platforms no longer actively maintained. While previous investments in social media influencers successfully built a strong Instagram following, marketing efforts have since been scaled back. This presents a valuable opportunity for a new owner to revitalize and expand marketing initiatives?such as hosting in-store events, engaging with the local community, launching targeted email campaigns, or reactivating social media channels?to drive customer traffic and boost sales.
The current owner is absentee and handles only essential management tasks such as admin, payroll, inventory ordering, and staffing and feeling in if needed. This presents a great opportunity for a new owner to take over a fully operational boba tea shop in a prime Tarrant County location. A hands-on owner could further grow the business and increase sales, or it can continue to run smoothly with minimal involvement as an absentee operation.
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Property Features and Assets:
Located in the heart of Tarrant County, this business occupies a 2,150 sq. ft. space within a mixed use development. The business is surrounded by a bustling shopping mall containing a variety of chain retail stores, dining and entertainment options that attract heavy foot traffic to the immediate area. / Inventory: $8,000 (Included in listed price).
Market Competition and Expansion:
Competition: There is some competition nearby from mostly franchise businesses. However, this business stands out as a local mom-and-pop shop with a wide selection, quality products, and a charming interior. / Growth and Expansion: Marketing efforts are minimal, this leaves room for a new owner to implement new marketing strategies, such as in-store events, community engagement, email campaigns, or reinvest in the existing social media accounts to promote the business and drive sales further.
Reason for Selling:
Not enough time.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
Documents:
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