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Kung Fu Tea Franchise - Help Run - High Vol & Net
Not Disclosed, CA
RIVERSIDE County
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| Asking Price: | Annual Revenue: |
| $298,000 | $480,000 |
Food & Beverage: Coffee, Cafe, Dessert
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RE: Kung Fu Tea Franchise - Help Run - High Vol & Net
Contact: Agent On Duty
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 JH |
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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:
Relevant Links:
- View more California businesses for sale
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