$2,500,000
Boba Shop
- Status: Sold
- Price: $90,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 932-2450
- Mobile:
- (925) 932-2450
Description
This Boba Tea Shop is located in a very busy shopping center with an excellent grocery store as an anchor. This is absentee owner location. Store is 1078 sq ft, rent is 3926.62 with CAM charges of 433.96 and insurance $149.03, Real estate tax is 408.08. Garbage is $463. OneĀ year left on lease plus a five year option. The franchise royalty is 5% one year left on the franchise. Ā Ten (10) part time Employees. annual payroll is $95000. Net income is $60,000.00, Annual Gross sales for 2021-$323,447, Annual Gross sales for 2022- $339536, Annual Gross Sales for 2023- $224,929.00
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
Coffee & Tea Shop
License(s) Required:
Business, Health
Hours of Operation:
12 PM-9 PM
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4395
Date Available:
04/26/2024
Reason For Sale:
Financial Information
- Annual Total:
- 224,929
- Revenue:
- Annual Net Income:
- 60,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,926.62
- Lease Expires:
- Lease Option:
- 1x5
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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