This teahouse is located in a busy shopping mall in Sugar Land. The current owner joined Creamery Teahouse as a full-time employee in 2012 and acquired the business in December 2017. The teahouse offers boba tea, coffee, smoothies, juices, fried snacks, and wings.
This business is mainly run and operated by the current store manager. The owner spends approximately 27 hours a week in managing inventory supplies and working a short 4 hour shift on the weekend. 2023 revenue was $412,514.96 with an SDE of $124615.52. The projected 2024 revenue is projected to be ~ $408,600.00 with a yielding SDE of about $126,246.49.
The owner has decided to sell the business as she wants to reduce her workload to focus on growing her family.
- Asking Price:
- $250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $412,514
- Cash Flow:
- $124,615
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $5,978.00
Square Units (Foot, Meter): 1,590
Lease Expiration Date: June 29, 2029, 10:00:00 PM
Terms Options: 5year option
Business Operation
- Expansion Potential:
-
Proactive marketing methods including more online presence are needed to fully utilize to achieve maximum income potential and proactively market this business by using promotions. The business is poised for continued growth, given the substantial population increase in the town over the past few years. Furthermore, the surrounding area is undergoing sustained development and expansion. The business is anchored by HEB, Sugar Land Medical Center, under construction Medical Centers and Hotels.
- Competition / Market:
-
STRENGTHS / UNIQUENESS:
. Stable and profitable business
. Semi-absent owner
. Located in a busy shopping mall
. Turnkey operation with easy systems
. Unique drinks products with niche market advantage
. Potential to grow and scale with more involved owner
- Reasons for selling:
-
Seller would like to reduce workload to focus on growing their family.
- Trading hours:
-
11:00am-10:30pm
- Employees:
- 6
- Years established:
- 2012
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Furniture / Fixtures value:
- $26,994 - included in the asking price
- Inventory / Stock value:
- $200 - included in the asking price
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
