$200,000.00
Asking Price
Address: Richmond, 23290.
Status: Active
Posting ID: 288907
10/13/24
Description
Established in 2022 and already generating a profit, this popular boba tea and snow ice shop is a prime opportunity for a motivated entrepreneur. Located in the heart of Richmond, VA, this business offers a unique and delicious menu featuring a wide variety of bubble teas, milk teas, fresh fruit teas, and snow ice. With its prime location and high-quality products, this shop has quickly become a local favorite.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: No facilities. Everyone works remotely. But you’d never know.
Competition: As with any city, there is standard competition from other bubble tea shops, dessert cafes, and beverage stands. However, the Business has set itself apart with its unique snow ice offerings, high-quality ingredients, and a prime location that ensures consistent customer flow. The shop has built a strong brand identity and loyal customer base that helps it stand out in a competitive market.
Growth & Expansion: The bubble tea and frozen dessert industry has grown steadily in the United States, with increasing demand for customizable, flavorful, and Instagram-worthy beverages and treats. Bubble tea has become a favorite among younger generations, driving foot traffic to shops that offer these refreshing drinks. Additionally, snow ice has regained popularity as a fun and unique dessert option, making this business well- positioned in a thriving industry. Given the area’s diverse population and the city’s reputation as a food and beverage hub, the shop benefits from a local market eager for trendy, high-quality, and convenient refreshment options. Expanding Hours, Delivery and catering services, adding menu items, expanding via food truck or even with franchise model, adding stores will all help expand the business significantly.
Financing: TBD if the structure and terms are acceptable.
Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for two weeks, and up to four weeks as on-call consultants, or as negotiated.
Reason for Selling: The current owner is relocating out of the area and is seeking a buyer who can continue to grow and build upon the strong foundation already established. Both Sellers have new but different goals in the financial world.
To get more information about this Boba Tea Shop - Newly Established, Profitable business for sale in Richmond please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #288907 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Boba Tea Shop - Newly Established, Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Phone: 833-776-6682 Phone: -- Details
Asking Price: $200,000.00
Down: Call/Email
Cash Flow: $86,000.00
Revenue: $256,000.00
Area: Richmond
City: Richmond
Attributes:
My Notes About This Listing
Cash flow
$86,000
Revenue
$256,000
Down
Call/Email
Posting: 288907 | Available | 10/13/24
Established in 2022 and already generating a profit, this popular boba tea and snow ice shop is a prime opportunity for a motivated entrepreneur. Located in the heart of Richmond, VA, this business offers a unique and delicious menu featuring a wide variety of bubble teas, milk teas, fresh fruit tea
Asking Price
$200,000
Cash flow
$126,688
Revenue
$1,008,327
Down
Call/Email
Posting: 290663 | Available | 2/16/25
Ready to own a thriving, turnkey restaurant in Alexandria, VA? This popular quick-service restaurant (QSR) is a local gem, celebrated for its gourmet burgers, hot dogs, cheesy creations, and an incredible 75-flavor shake selection.
Asking Price
$325,000
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The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.
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