Request More Information Contact the Seller
- RE: Profitable Teahouse For Sale In Sugar Land
- Contact: Austin Zhao
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $450,147 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $159,471 | |
Total Debt: | Not Disclosed | |
FF&E: | $26,994 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 6 | |
BBN Listing #: | 952313 | |
Broker Reference #: | 76931-713200 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-713200
This teahouse is located in a busy shopping mall in Sugar Land. The current owner joined Creamery Teahouse as a full-time employee in 2012 and acquired the business in December 2017. The teahouse offers boba tea, coffee, smoothies, juices, fried snacks, and wings.
This business is mainly run and operated by the current store manager. The owner spends approximately 27 hours a week in managing inventory supplies and working a short 4 hour shift on the weekend. 2023 revenue was $412,514.96 with an SDE of $124,615.52. The projected 2024 revenue is projected to be ~ $408,600.00 with a yielding SDE of about $126,246.49.
The owner has decided to sell the business as she wants to reduce her workload to focus on growing her family.
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.
Property Features and Assets:
Monthly Rent: $5,978.00
Square Units (Foot, Meter): 1,590
Lease Expiration Date: June 29, 2029, 10:00:00 PM
Terms Options: 5year option
Market Competition and Expansion:
Competition:Â
STRENGTHS / UNIQUENESS:
. Stable and profitable business
. Semi-absent owner
. Located in a busy shopping mall
. Turnkey operation with easy systems
. Unique drinks products with niche market advantage
. Potential to grow and scale with more involved owner
Expansion:Â
Proactive marketing methods including more online presence are needed to fully utilize to achieve maximum income potential and proactively market this business by using promotions. The business is poised for continued growth, given the substantial population increase in the town over the past few years. Furthermore, the surrounding area is undergoing sustained development and expansion. The business is anchored by HEB, Sugar Land Medical Center, under construction Medical Centers and Hotels.
Reason for Selling:
Seller would like to reduce workload to focus on growing their family.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information