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- RE: Boba Tea Shop Low Lease High Traffic
- Contact: David Smith
Quick Facts
Asking Price: | $169,000 | |
Annual Revenue: | $249,834 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $4,252 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 5 | |
BBN Listing #: | 984500 | |
Broker Reference #: | SOBOMTN |
Business Overview:
Nonfranchise boba drink and snack shop. It is located on a main street in a busy shopping plaza with lots of big, well-known anchor businesses, including a major grocery chain store. So yes, there is a strong, slow-moving customer base coming by your front door every day.
This is a very easy and simple concept to learn and transition into. It’s a Grab N Go style setup, with little to no dine-in to deal with (2-4 seating). With only about 800 square footage that you are responsible for (pay for), this monthly lease here is also easy to love and transition into. It’s a lot less stress for you to know your monthly lease costs are taken care of in the early of every month.
This lease has a long life left on it, too; it expires in 2032 with an option to extend. This is the kind of good lease stuff that most small business owners are NOT blessed with. This boba business is over a year established, with about a $1,000 a day in sales coming in the front door.
All the equipment is clean, like new. Seller willing to give in depth training on all aspects of this business. Because of the simplicity of this business, absentee or very limited owner participation is a staple here (means very doable). Current owner spends less than 8 hours a week here. So this is a good passive income for you investors out there.
This is not a franchise, so you have the freedom to alter the menu or décor and no royalties or extra fees to pay. By adding some finger foods to this Grab N Go menu you would for sure be adding more dollars on the profit line here. Little to no boba drink competition in the area.
Also to note with this kind of business your food and labor costs are relatively low each month. Great high traffic location, simple concept to learn and operate, lends to absentee ownership, low food and labor costs, attractive lease, like it’s all here man, definitely worth a checking out.
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Property Features and Assets:
Monthly lease $2,300 with the Triple Net included. Current lease expires 2032 and has an option to extend. About 800 square feet, NO Type 1 hood system. Big shopping plaza with hundreds of free parking. Grab N Go set up, with seating for 4. All equipment clean like new.
Market Competition and Expansion:
Current owner is almost an absentee owner, so if new owner could be more involved in the daily activities then sales could increase. There is no website or marketing taking place. Another meaningful way to increase the sales here is to add finger food to this great drink menu. There is no other boba drink competition in the area.
Reason for Selling:
Owner partnership is dissolvingAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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