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Quick Facts
Asking Price: | $135,000 | |
Annual Revenue: | $642,405 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 12 | |
BBN Listing #: | 39311533 | |
Broker Reference #: | 4551 |
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Business Overview:
Popular Quick Service Boba & Poke Cafe in Busy Novato Shopping Area for Sale!
RRC# 4551
Location: Novato
Description:
A modern styled Asian-Fusion quick service cafe is for sale in a busy strip mall located in the affluent Marin county city of Novato. This 1,400 square feet space is counter service with ample booth seating and an exhibition kitchen serves a range of items including, Boba Tea, Coffee Drinks, Poke, Rice Bowls, Banh Mi and much more. It is located in a very busy strip mall with anchor tenants that include Safeway, Rite Aid, Starbucks, a Gym and even a gas station.
The space is fully equipped with an extensive list of equipment. A full equipment list can be provided upon request.
Sales have increased annually given the 4-star rating on Yelp, and ongoing support from the affluent, family focused community on Novato.
A new owner-operator could increase sales and profits, or bring their own similar inspired concept to the complex. Please reach out for a full equipment list and to set up a tour at this location, at this price will not last long!
Financial Information:
Monthly Revenue: $54,534
Monthly Cash Flow: Contact for Info
Annual Revenue: $642,405
Annual Cash Flow: Contact for Info
Annual Payroll: $223,087
General Info:
Ownership: LLC
Established: 2019
Current Owner: 2019
Employees: 12
Reason For Sale: Other Interests
Monthly Rent: $6,336 NNNs 5%Rent above 1.52mil in sales
Expiration: New Lease will be Created
Facilities:
Square Feet: 1,400
Seating: 25 /-
Parking: Mall parking lot
Licenses: Contact for Info
Days/Hours of Operation: 1130am-7pm Daily
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:
Square Feet: 1,400 Seating: 25 /- Parking: Mall parking lot
Reason for Selling:
Other Interests
Additional Details:
Documents:
Relevant Links:
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