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Listed by:

The Agency NW Real Estate

Boba Franchise Or Not, High Traffic Location For Sale

Snohomish County, Washington, US
Asking Price:
$159,000 Furniture / Fixtures included
Sales Revenue:
$250K - $500K
Cash Flow:
Under $50K

Boba Tea shop franchise or NOT part of the franchise, your choice. Great high traffic location with a major grocery chain as the big anchor business in this shopping plaza. Little to NO similar competition anywhere close by. You can have this whole customer base to yourself without sharing.

The monthly lease is $3,599, and that’s with triple net included. Current lease does not expire until 2033 and has a 5-yr option to extend. The size of this shop is 1800 square feet with inside seating for 30, and an additional 15 more outside seating.

This business has 18 security cameras installed, which enable the current owner to run this business from home as an absentee owner. All the equipment here is owned, except for the ice machine. All this equipment is like new, as the seller spent over $100,000 to do this boba buildout just a few short years ago.

This equipment is mobile, so it is perfect for making money outside the storefront. For example, setting up booths at the nearby fairgrounds, private parties, catering, or other events. Lots of upside potential dollars to be made.

Besides great-tasting boba tea drinks, this café also offers gelato and pastries. The seller also put in a self-ordering POS system as customers enter, which helps keep labor costs down for you. All the hard establishing costs and effort have already been completed for you. It has a big private office and lots of additional storage space for both dry storage and refrigerated storage.

If a family owned and operated this business, they could have a strong 6-figure annual net take-home pay. If you are looking for an easy to learn, small business that is already set up and has great upside money potential, this boba shop should be high on your check it out list.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly lease is $3,599 with triple net costs included. Lease expires in 2033 but does have a 5-year option to extend.

Leasehold Rent:

$3,599 per annum

Living Accommodation:

N/A

Location:

High traffic street in a busy shopping plaza with a major grocery chain store as the big anchor business of this plaza.

Premises Details:

Size is 1800 SQ FT with inside seating for 30 and outside seating for 15. All equipment is like new (about $100,000 built out just a short 2 years ago). Lots of free parking (hundreds) in a shared parking lot with a major grocery chain. The owner has 18 security cameras inside this shop (perfect for an absentee or semi absentee owner operated business). No walk-in cooler, but it does offer plenty of refrigerated storage.

Size in square feet:
1,800
Planning Consent:

N/A

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

No similar competition in town. The sales here are trending upward every year. Still, lots of upward potential as this boba tea business has mobile equipment that lends itself perfectly for catering events, setting up a booth at the nearby fairgrounds, or private parties. All good, tasty money makers. Currently, this business is operated by an absentee owner, but if this were a family-owned and operated business, this business could provide a strong 6-figure annual net take-home pay for the owners. As a side note, the current owner has several sons who manage this business, and they get paid generously. So, lots of ways to make more on the profit line here for a NEW OWNER.

Competition / Market:

Little to NO similar competition anywhere close by. You can have this whole customer base to yourself without sharing.

Reasons for selling:

The seller has full-time job commitments, and his 2 sons are going away to college.

Trading hours:

Weekdays 12 PM to 7 PM
Weekends 11 AM to 9 PM

Employees:
1 FT 5 PT
Years established:
2024

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

See website, contact listing broker

Other Information

Support & training:

This is a franchise, so all the training and ongoing support will be provided. If you buy this business as not part of the franchise, then training could be negotiated with the owner.

Furniture / Fixtures value:
$8,500 - included in the asking price
Inventory / Stock value:
$3,000