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  • RE:  Kung Fu Tea Franchise - Help Run - High Vol & Net
  • Contact:  Agent On
  • License #: 01995716

Quick Facts

Asking Price: $298,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $72,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 12
BBN Listing #: 935155232
Broker Reference #: 5380 JHD

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Business Overview:

Profitable Kung Fu Tea Franchise Opportunity in Riverside County, CA.

Overview: Seize the chance to own a thriving Kung Fu Tea franchise in the vibrant locale of Riverside County, CA. This well-established business boasts a consistent monthly gross revenue of $40,000, demonstrating its popularity and financial stability. The franchise is efficiently managed with the support of a team of 12 dedicated part-time employees.

Key Features:

Location: Strategically situated in a high-traffic area, the store occupies approximately 350sqft 450 patio square feet, contributing to its visibility and accessibility.

Lease Terms: Enjoy a favorable lease agreement extending until March 2025, with an option for a 5-year option, providing long-term stability and growth prospects.

Ownership: The franchise has been under the same ownership since 2019, showcasing a successful track record and experience in the industry.

Operating Hours: Open 7 days a week to cater to customer preferences, operating from 11:30 a.m. to 9 p.m. on Sundays through Thursdays and extending until 9:30 pm on Fridays and Saturdays.

All Cash Financing: Benefit from an all-cash financing arrangement, streamlining the ownership transition process.

Financial Breakdown:

Monthly Gross: $40,000

Part-Time Employee Costs: $12,000 (average monthly)

Rent: $6,000 (monthly average)

Royalty: 6% of revenue

This is a remarkable opportunity to enter a well-performing franchise with a solid customer base and proven revenue generation. For those seeking an established business with growth potential, this Kung Fu Tea franchise presents a compelling option.

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Reason for Selling:

Personal

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Documents:

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