Priced For Quick Sale!
The business has various unique products that range from different flavors of milk tea, bubble tea, fruit teas, custom drinks, smoothies, multiple deserts and hot snack items /dishes.
The owner has grown revenue, profitability, and reputation of the business significantly. Unfortunately, it’s time to pass the torch to someone else due to her desire to pursue a different opportunity she has been presented. This restaurant is a turnkey business with excellent and unique recipes which has earned this shop high ratings in town. The business can be repurposed for some other concept OR add new concept/ideas to the existing business. A potential Buyer looking to continue operating this business full-time along with proactive marketing tactics or changing the concept or enhance the current concept is what this business needs to truly reach full potential and operate at maximum capacity.
Reach out for more details on this excellent opportunity.
- Cashflow (SDE) : 101000
- Gross Revenue: 254750
- FF&E: 20000
- Inventory Value: 1500
- Real Estate: Real Estate for Lease
- Number of Employees: 4
- Year Established : 2019-01-01
- Facilities & Assets: Business is located in strip mall surrounded by busy stores. It is well maintained and has a 500 gallon grease trap ($27K Value) already installed in it. The kitchen has 6 foot vent and 4 burner commercial stove and other kitchen equipment. Rent for this 1200 Sq.Ft. facility is $2265.00. A new lease will be signed by teh new owners. The interior of the business beautiful and has been well maintained.
- Support & Training: 7 Business Days.
- Market & Competition: No other similar business exists within the immediate market area, but this business has their own specialty drinks that are proprietary to this location that others cannot replicate. Great reviews online.
- Growth & Expansion: Bubble tea business is growing rapidly these years in US , although the availability of substitute products, such as coffee, and trend of coffee consumption restrain this growth. However, introduction of new flavors with regards to this tea presents a major opportunity for market expansion. This business sells more than just bubble tea. Local marketing plan including social media advertising would be a plus.
- Reason for Selling: Moving on to another venture
- Seller Financing Available: No