This boba shop is a vibrant and dynamic shop nestled in the bustling heart of a college town. They specialize in serving an array of delicious and innovative boba tea creations crafted with premium ingredients and a touch of creativity. With a prime location and a dedicated student and community following. This shop is poised as a go-to destination for refreshing beverages and a cozy hangout spot for students and locals alike.
- Asking Price:
- $395,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $625,098
- Cash Flow:
- $235,539
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is 1,050 sq ft shop. This is located in the older part of town. This is a very high traffic area with college students.
Business Operation
- Expansion Potential:
-
Growing a boba shop involves a combination of strategic marketing, operational improvements, and customer engagement. Focus on exceptional customer service to build positive relationships and customer loyalty. Implement a loyalty program to reward frequent customers with discounts or free items after a certain number of purchases.
- Competition / Market:
-
There are 3 other boba shops within a 10 mile radius.
- Reasons for selling:
-
The sellers are looking to pursue other business opportunities.
- Trading hours:
-
Monday-Sunday 11am-8pm
- Employees:
- 6 PT
- Years established:
- 2
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$217K down/$178K over 36 mos. @ 6%.
- Furniture / Fixtures value:
- $23,312 - included in the asking price
- Inventory / Stock value:
- $17,821 - included in the asking price