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- RE: Boba Tea Business For Sale Owner Absentee
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $130,000 | |
Annual Revenue: | $274,535 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $76,279 | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 10 | |
BBN Listing #: | 950555 | |
Broker Reference #: | #001353 |
Business Overview:
Boba tea business for sale! Don't miss this opportunity to acquire an owner-absentee franchise boba tea business in north Dallas! Founded in 2016 by the current owner, this well-established business offers a menu of boba tea, milk tea, brewed tea, blended tea, fruit tea, and snacks. Customers have the option to customize their beverages with a variety of toppings, available for an additional charge. Nestled in a prime location within a bustling retail strip in north Dallas, this business benefits greatly from its proximity to prominent national retailers and popular entertainment venues. Its exceptional visibility and established market presence set it apart from the competition in the vicinity.
While the business currently thrives on positive word-of-mouth and maintains an active social media presence, there are untapped growth opportunities that a new owner could seize upon. Implementing proactive marketing strategies at the local level would greatly enhance its success. Furthermore, introducing third-party delivery services would boost gross sales, capitalizing on the favorable location of this boba tea shop. Increased owner involvement would also enhance customer interactions and dynamics, leading to further improvements in overall performance.
Presently, the business is under the management of an absentee owner who handles all back-office tasks, ranging from accounting to inventory management. However, to unlock the next level of growth, a more suitable approach would be to have an owner-operator at the helm. This presents a remarkable opportunity to acquire a franchise boba tea shop in an excellent location brimming with growth potential. Take a moment to complete a Buyer Registration and NDA with V-AID to learn more about this exciting opportunity.
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Property Features and Assets:
The business is located in a 1,500 sq. ft. space of a well-developed retail strip center surrounded by many nationwide retailers and centers that anchor this business. / Inventory: $15,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: Within the immediate market area, there are few competitors. However, this location boasts superior visibility, and the market has already been established without any disruption. / Growth and Expansion: Implementing third-party delivery services would significantly boost the business's gross sales, given the favorable location of this boba tea shop. Moreover, increased owner involvement would greatly enhance customer interactions and dynamics, leading to even greater success.
Reason for Selling:
Other business opportunities.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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