Business Overview:
Listing # - 5209 JH
Growing franchise, famous for their Boba Teas.
Build out 350k investment. Business is growing year over year.
Currently, employee-run. Hands -on operator have room to grow the business & net income.
Annual gross: $420,000(2021)
Monthly rent: $3,160
Lease terms: 4+5
Store size: 1,000 sf.
Seating capacity: 30
Open hours: 11am-10pm mon-sun
Employees: 3 ft / 9 pt.
Wage: $11,000/mo.
Owner since: 2016
Reason for selling: Moving
Financing: 50% down 50% bank loan
Note: located in a busy shopping center.
Business with owner-operator.
Franchise transfer fee-$15,000.
Royalty 5%.
This place has a FULL KITCHEN !!!
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Reason for Selling:
Moving
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 a franchise resale opportunity.
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