Loading…

For Sale: Kung Fu Tea Franchise - Well Established - Riverside County, California

$298,000.00

Asking Price

Riverside County Kung Fu Tea Franchise - Well Established Business For Sale

Description

Seize the chance to own a thriving Kung Fu Tea franchise in the vibrant locale of Riverside County, CA. This well-established business boasts a consistent monthly gross revenue of $40,000, demonstrating its popularity and financial stability. The franchise is efficiently managed with the support of a team of 12 dedicated part-time employees.

Key Features:

Location: Strategically situated in a high-traffic area, the store occupies approximately 350sqft + 450 patio square feet, contributing to its visibility and accessibility.

Lease Terms: Enjoy a favorable lease agreement extending until March 2025, with an option for a 5-year option, providing long-term stability and growth prospects.

Ownership: The franchise has been under the same ownership since 2019, showcasing a successful track record and experience in the industry.

Operating Hours: Open 7 days a week to cater to customer preferences, operating from 11:30 a.m. to 9 p.m. on Sundays through Thursdays and extending until 9:30 pm on Fridays and Saturdays.

All Cash Financing: Benefit from an all-cash financing arrangement, streamlining the ownership transition process.


Financial Breakdown:

Monthly Gross: $40,000

Part-Time Employee Costs: $12,000 (average monthly)

Rent: $6,000 (monthly average)

Royalty: 6% of revenue


This is a remarkable opportunity to enter a well-performing franchise with a solid customer base and proven revenue generation. For those seeking an established business with growth potential, this Kung Fu Tea franchise presents a compelling option.

Listing # - 5380 JH

To get more information about this Kung Fu Tea Franchise - Well Established business for sale in Riverside County please phone Jonathan Hwang (Broker - BRE License #:01995716) at 562-402-2686 and 714-510-0248 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282488 on BizBen.com. In addition to phoning Jonathan Hwang, make sure you email Jonathan Hwang above to get more info about this Kung Fu Tea Franchise - Well Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01995716. VR Business Brokers.

Show more

Contact

  1. Name: Jonathan Hwang
  2. phone iconPhone: 562-402-2686
  3. phone iconPhone: 714-510-0248

Details

  1. Asking Price: $298,000.00

  2. Down: $298,000.00

  3. Cash Flow: $72,000.00

  4. Revenue:    $480,000.00

  1. Area: Riverside County

  2. City: None Given

  1. Attributes:

    Semi-Absentee RunTraining & Support

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Jonathan Hwang Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today