Boba Tee -Coffee -Hot Food -B&W -In Bixby Knolls

Long Beach, CA
Los Angeles County


Asking Price: Annual Revenue:
$165,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert


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RE: Boba Tee -Coffee -Hot Food -B&W -In Bixby Knolls Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $165,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 5
BBN Listing #: 198655232
Broker Reference #: 4949 DK

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Business Overview:

Listing # - 4949 DK

Great Yelp Reviews
Bixby Knolls in Long Beach
Asset Sale - Easy to Own

Opened for business in November 2019, this boba coffee tea cafe / restaurant with full kitchen and beer & wine license was netting about $34,000/month average until the temporary closure at end of March due to Covid19 mandates.

Ideally situated in the business district of Bixby Knolls in Long Beach, the cafe restaurant was a sanctuary to both business professionals and residents in offering quality Asian fusion menu along with boba, coffee, tea, as well as beer and wine choices.

The asset sale includes all social media accounts in addition to its own website.

The spacious 2,100 Square Feet space offers 54 seatings indoor.

The long lease offers a reasonable annual rent increase of 3% during the 10 option years, which will extend the lease to 2039, if the new owner choose to exercise.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Family / Relocation.

Additional Details:

  • The property is leased.
  • The owner is 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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