$110,000.00
Asking Price
Status: In Escrow
Posting ID: 285842
3/26/24
Description
This is a great opportunity to own and operate the only boba shop in town. It is located in a busy shopping center with many locally owned businesses and dedicated parking. The shop is frequented by adults and children alike—it is an after-school hot spot for teenagers. There are various income streams including the vibrant boutique gift shop that offers an interesting and unique assortment of cards and gifts as well as a mobile Boba catering program for weddings, birthdays, and special events. This is a good opportunity for first-time business buyers looking for a profitable, easy-to-operate business.
ADDITIONAL DETAILS:
- The shop is 550 sq ft. (approx.) and the current rent is $1,394.87 per month with an annual increase and $365 CAMs. The current term expires October 1, 2024, with 1 three-year option. Qualified buyer to work with the landlord on lease terms.
- Equipment includes various display cases and shelving, commercial grade stainless steel tables and wall shelves, portable donut machine (for the incredible mochi donuts), Wantjoin cup sealer, True refrigerated prep station, single door merchandiser refrigerator, triple warewashing sink with drainboards on each side and spray nozzle, handsink, prep sink and mop sink Ice machine and storage bin and more.
- Founded in 2021, the shop operates 7 days a week from 11:00am-6:00pm.
-Inventory is valued at $7,500 (approx.) and is not included in the purchase price.
- One Owner works 25 hours per week and the second owner works 5 hours per week on admin and bookkeeping with 1 full-time 7 part-time employees
PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, brand name recipes, menu and goodwill. Some personal items/items owned by the landlord may be excluded from the sale.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.
To get more information about this Boba Tea And Gift Shop - Profitable And Popular business for sale in Sonoma County please phone Ryn Longmaid (Intermediary, Broker - BRE License #:01450190) at 707-503-9335 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285842 on BizBen.com. In addition to phoning Ryn Longmaid, make sure you email Ryn Longmaid above to get more info about this Boba Tea And Gift Shop - Profitable And Popular, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01253061. Santa Rosa Business And Commercial.
Contact
Details
Asking Price: $110,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Sonoma County
City: None Given
Attributes:
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