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Profitable, Popular Boba Tea And Gift Shop For Sale

California, US
Asking Price:
$110,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

For Sale

Great opportunity to own and operate the only Boba shop in town. Located in a busy shopping center with many locally owned businesses and dedicated parking. The shop is frequented by adults and children alike—it is an after-school hot spot for teenagers. There are various income streams including the vibrant boutique gift shop that offers an interesting and unique assortment of cards and gifts as well as a mobile Boba catering program for weddings, birthdays, and special events. This is a good opportunity for first-time business buyers looking for a profitable, easy-to-operate business.

ADDITIONAL DETAILS:


- The shop is 550 sqft (approx.) and the current rent is $1,394.87 per month with an annual increase and $365 CAMs. The current term expires October 1, 2024, with 1 three-year option. Qualified buyer to work with the landlord on lease terms.

- Equipment includes various display cases and shelving, commercial grade stainless steel tables and wall shelves, portable donut machine (for the incredible mochi donuts), Wantjoin cup sealer, True refrigerated prep station, single door merchandiser refrigerator, triple warewashing sink with drainboards on each side and spray nozzle, handsink, prep sink and mop sink Ice machine and storage bin and more.

- Founded in 2021, the shop operates 7 days a week from 11:00am-6:00pm.

-Inventory is valued at $7,500 (approx.) and is not included in the purchase price.

- One Owner works 25 hours per week and the second owner works 5 hours per week on admin and bookkeeping with 1 full-time 7 part-time employees

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, brand name recipes, menu and goodwill. Some personal items/items owned by the landlord may be excluded from the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.