GLASSBORO, New Jersey
| Asking Price |
$95,000 |
Year Established |
2024 |
|
| Annual Revenue |
$263,460 |
Reason for Selling |
Owner has other businesses |
|
| Annual P/L |
$0 |
Attention |
Jeffrey Ye |
|
| Annual Cash Flow |
$107,359 |
Listing Number |
1018917 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established franchised tea and donut retail operation presents a turnkey investment opportunity in Gloucester County, New Jersey. The business operates under a franchise model with minimal ongoing obligations, requiring only $1,000-1,500 monthly franchise fees with no additional royalty or marketing assessments.
The facility features a fully equipped commercial kitchen with hood system and accommodates 30 indoor seats, providing comprehensive dine-in capabilities. Primary revenue streams include specialty donuts, boba tea, and dessert offerings, capitalizing on the growing bubble tea market segment.
Strategically positioned on a high-traffic corridor with excellent visibility, the location benefits from proximity to downtown commercial districts, retail establishments, and educational institutions. The business enjoys a protected market position with no direct competition within a five-mile radius.
Financial Performance:
- Initial capital investment of approximately $230,000
- High gross margin structure
- Established revenue history with absentee owner management
- Minimal franchise overhead expenses
Growth Opportunities:
- Untapped marketing potential with no current advertising investment
- Product line expansion capabilities
- Catering service development
- Enhanced operational efficiency through owner-operator involvement
The business operates with established systems and procedures, requiring minimal specialized expertise. The current absentee management model demonstrates operational stability and scalability potential for hands-on ownership.
This opportunity combines franchise brand recognition with operational independence, offering both immediate cash flow and expansion potential in a protected market territory.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity