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Asking Price: $70,000

Boba Tea Shop in Affluent Peninsula Community

Not Disclosed, CA
San mateo County

Boba Tea Shop in Affluent Peninsula Community for Sale. Absentee Run, Modern Design, Turnkey Operation!RRC# 4842Location: San Mateo County Description:Located in an affluent community along the busy El Camino Real, this Boba shop’s location is great. It is surrounded by long standing and wildly popular cafes, restaurants, and retail. The immediate area attracts the many kids and teenagers that attend the nearby schools, as well as business folks meeting for coffee and lunch during their workday.This shop's owner is absentee and easily operated by his small team. This boba shop is committed to providing hand-crafted, fully customizable boba drinks with premium quality ingredients. The modern space was newly built from scratch in 2018-19. A new owner will have the peace of mind that all electrical, plumbing, equipment and fixtures are going to last. The original owners invested over $250,000 in the design, construction, and equipment! This business is 100% absentee owned, so a new involved owner operator could benefit and profit within this space.Full Equipment List provided upon request.Reach out now about this Boba Shop for Sale in affluent Menlo Park! Andy@restaurantrealty.comFinancial Information:Monthly Revenue: $24,000 Monthly Cash Flow: Contact For Info Annual Revenue: $288,000 Annual Cash Flow: Contact For Info General Info:Ownership: LLCEstablished: 2020Employees: 6-8 Reason For Sale: Other InterestsMonthly Rent: $4,529.06 /- Expiration: 8/31/24 Facilities:Square Feet: 800 Seating: 12 inside and 4-6 outside Parking: Easy street and local lots Licenses: Health & Business Days/Hours of Operation: 7 Days 11-7pm

Cash Flow Not Disclosed
Revenue $288,000

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