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- RE: SBA Approved Turnkey Boba Tea Shop
- Contact: Caroline Yuki
Quick Facts
Asking Price: | $135,000 | |
Annual Revenue: | $286,413 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $80,516 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 5 | |
BBN Listing #: | 420244107 | |
Broker Reference #: | 76931-916731 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-916731
This tapioca store, established in 2015 in Houston, Texas, has swiftly become a beloved destination for beverage enthusiasts. The business takes pride in sourcing the finest tea leaves to create a harmonious blend of flavors, with a remarkable composition of 75% tea and 25% ice, ensuring a refreshing experience for customers. In 2021, business revenue is $263,524.00, sellers discretionary earnings (SDE) is $72,282.00. In 2022, this business achieved a revenue of $282,126, with Seller's Discretionary Earnings (SDE) reaching $83,677. In 2023, the business achieved revenue of $286,413, with Seller's Discretionary Earnings (SDE) of $80,516. The business has effectively managed seasonal fluctuations keeping revenue steady year-round and managing peak seasons. The customer base has grown 25% since COVID-19, Its diverse customer base includes families, young professionals, high school students, and mid-age professionals. The owner purchased the business in 2020 and has been running it as a semi-absentee business. The owner hires an operations manager to manage the store full time and steps in as a back up as needed. Business operates with one full-time employee and four part-time employees, maintaining a balanced workforce mix.
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Property Features and Assets:
Monthly Rent: $3,800.00
Square Units (Foot, Meter): 1,500.
Reason for Selling:
RetiringAdditional 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
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