Kung Fu Tea Franchise -Absentee Run -Full Kitchen

Not Disclosed, CA
Orange County

Orange County


Asking Price: Annual Revenue:
$299,000 $420,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Kung Fu Tea Franchise -Absentee Run -Full Kitchen Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $299,000
Annual Revenue: $420,000
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 12
BBN Listing #: 979555232
Broker Reference #: 5209 JH

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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.

Documents:

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