NOT DISCLOSED, California
| Asking Price |
$200,000 |
Year Established |
|
|
| Annual Revenue |
$269,618 |
Reason for Selling |
Focus on other businesses |
|
| Annual P/L |
$0 |
Attention |
Dwayne Pink |
|
| Annual Cash Flow |
$48,992 |
Listing Number |
1017626 |
|
| # of Employees |
4 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Established specialty boba and tea shop located in high traffic area offering a broad selection of customizable beverages, including milk teas, boba teas, fresh fruit teas, signature teas, smoothies, coffee beverages, and plant-based options.
The business operates with a small part-time staff that handles day-to-day customer service and beverage preparation, while ownership provides general oversight. The concept benefits from an established operating history, a diverse menu, online ordering and delivery capabilities, and a location serving Pasadena and the surrounding community. The sale includes approximately $30,000 in furniture, fixtures and equipment.
The seller is offering 10 business days of training at no additional cost to assist with the transition.
Property Features and Assets:
Market Competition and Expansion:
<p>The specialty tea and beverage market is competitive, with a mix of independent operators and established regional and national concepts.<br><br>The business differentiates itself through its broad customizable menu, fresh fruit ingredients, organic milk and plant-based alternatives, and house-recipe boba. Its established presence, existing operating systems, delivery capabilities, and trained staff provide a foundation from which a new owner can continue operating and further develop the concept.<br></p><p>A new owner may have opportunities to further develop the business through increased local and digital marketing, expanded social media activity, customer loyalty and retention programs, and continued development of online ordering and delivery channels.<br><br>There may also be longer-term potential to evaluate additional locations or replication of the concept in other markets. Any expansion opportunities would be subject to the buyer's own evaluation and resources.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity