HOUSTON, Texas
| Asking Price |
$135,000 |
Year Established |
2015 |
|
| Annual Revenue |
$286,413 |
Reason for Selling |
Retiring |
|
| Annual P/L |
|
Attention |
Caroline Yuki |
|
| Annual Cash Flow |
$80,516 |
Listing Number |
653975 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
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.
Property Features and Assets:
<p>Monthly Rent: $3,800.00</p>
<p>Square Units (Foot, Meter): 1,500.</p>
Market Competition and Expansion:
Additional 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