Successful Profitable Tea Shop @ Shopping Mall

Business Overview:

Successful and profitable tea shop and marketplace located at the heart of a vibrant and affluent community in Miami-Dade County, inside a major shopping mall is available for sale. The tea shop offers Tea Gastronomy that continually draws from its vast collection of fine harvested teas and signature blends from around the world. The tea shop also provides a marketplace for a variety of attractive merchandise, from designer clothes and jewelry to vintage art, books, lamps, hand-made soap, artifacts, paintings, eyewear, and collectibles, that makes the market pulsate with creativity. The tea shop and marketplace regularly features live performances by local artists ranging from poets, comedians, singers, musicians, thespians and all creative minds. The tea shop and marketplace also host yoga classes, TV watch parties, sporting events, board game nights and various other shindigs. The business is operated mostly by absentee owners; should a new owner decide to operate the business as a full-time manager, the Seller Discretionary Earnings (SDE) could increase up to approximately $112,000 (owner benefit). The tea shop and marketplace has a Beer & wine license. The Shopping mall owners plan to redevelop part of the mall and modernize the area where this tea shop and marketplace is located, which is expected to make the mall one of the most attractive ones in South Florida and providing a great growth opportunity for the business in the following years. Accurate financial records, ideal for a) Buyers seeking to be mostly an absentee owner (current scenario); b) Buyers seeking to be an
owner operator to increase owner benefit; or c) foreign Buyers seeking to obtain an investment visa as the business has 6 W-2
employees and the financial results reflect up to date tax returns.

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Property Features and Assets:

4,500 retail local at shopping mall. Lease to be renegotiated.

Reason for Selling:

Other business.

Additional Details:

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