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- RE: Owner Absentee Franchise Boba Resale
- Contact: Kevin Chung
- License #: 567204
Quick Facts
Asking Price: | $85,000 | |
Annual Revenue: | $261,335 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $27,380 | |
Total Debt: | Not Disclosed | |
FF&E: | $35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 13 | |
BBN Listing #: | 980195 | |
Broker Reference #: | #001409 |
Business Overview:
Boba business for sale: a well-known franchise bubble tea shop in North Fort Worth, now available for acquisition! Established in 2019 by a previous owner and acquired by the current owner in January 2023, this shop offers a diverse menu of beverages, including milk teas, brewed teas, tea lattes, slushes, and coffee, all made with high-quality ingredients.
The prime location in a busy retail center, next door to a national supermarket, attracts a steady flow of foot traffic. Situated near the intersection of two major roads and surrounded by single-family homes and apartments, the shop draws a wide demographic of middle-income residents and shoppers, including individuals and families. While there is a nearby franchise coffee shop, there are no direct competitors offering similar products, allowing this business to stand out with its premium quality offerings and prime location.
With no direct competitors other than a nearby franchise coffee shop, this bubble tea business stands out due to its premium quality products and advantageous location. Despite the lack of proactive marketing efforts, sales have been steadily increasing. There is significant potential for growth through direct marketing strategies, community involvement, and an enhanced social media presence.
The current owner manages the business remotely, dedicating minimal time on site, and handles inventory orders online once every 3 weeks. A hands-on owner-operator could potentially reduce labor costs by up to $20,000, build strong customer relationships, and ensure consistent quality control, driving sales to new heights. The owner is looking to sell the business due to being stretched thin managing other businesses.
This turn-key franchise bubble tea shop presents a solid opportunity for a qualified buyer ready to take the business to the next level.
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Property Features and Assets:
The prime location in a busy retail center, next door to a national supermarket, attracts a steady flow of foot traffic. Situated near the intersection of two major roads and surrounded by single-family homes and apartments. The business occupies a 1,292 sq. ft. facility. All equipment is well maintained. / Inventory: $4,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: With no direct competitors other than a nearby franchise coffee shop, this bubble tea business stands out due to its premium quality products and advantageous location. / Growth and Expansion: There is significant potential for growth through direct marketing strategies, community involvement, and an enhanced social media presence.
Reason for Selling:
Not enough time, stretched thin with other businesses.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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