Business For Sale

Profitable Turnkey Tea Shop in Excellent Location

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$129,500 $357,708

Food & Beverage: Coffee, Cafe, Dessert


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RE: Profitable Turnkey Tea Shop in Excellent Location Broker: Daren Bucklin
License #: 201220285

Quick Facts

Asking Price: $129,500
Annual Revenue: $357,708
Net Profit: Not Disclosed
Cash Flow: $101,880
Total Debt: Not Disclosed
FF&E: $24,994
Real Estate: Not Disclosed
Year Established: 2011
Employees: 5
BBN Listing #: 908552348
Broker Reference #: 59071-858260

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Business Overview:

This business is primarily known for its delicious bubble teas and can often be found with a line of customers. The shop is welcoming and inviting and provides customers a comfortable space to meet and visit family and friends while enjoying a wide selection of various beverages. In addition to various flavors of bubble teas, the menu includes other green, black and herbal teas, coffees, smoothies, sodas and other specialty as well as seasonal drinks. A light food menu primarily consists of delicious sandwiches. Ample indoor and outdoor seating are available to accommodate customers. This sale includes the business concept only and does not include the brand and name of the existing business.

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Property Features and Assets:

1,150 square feet in commercial building located on busy street with heavy foot traffic designed for fast casual counter service with adequate seating in attractive space. In business since 2011, this popular Portland business has grown to 2 locations and continues to show increasing sales year over year. The owners are seeking to sell one location to focus more time on family commitments.

Market Competition and Expansion:

Popular delicious bubble tea products combined with its excellent busy NW Portland location provide a distinct competitive advantage. This location is situated among other retail venues on a popular street frequented by tourists as well as regular loyal customers. Currently the business is closed on Mondays and at 8:00 pm during the week and could expand sales by extending hours of operation.

Reason for Selling:

Family

Additional Details:

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

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