IN ESCROW: Boba Tea and More

, Arizona 7 views 0 favorites

Financial Highlights
Asking Price
$60,000
Revenue
$144,000
Business Description

Offer has been accepted and we are in Escrow. But, if you would like to be notified if this sale falls through, please let us know. Everything about this business says success and the seller did it right. It looks and feels relaxing and clean and inviting and the product is prepared with care: Tasty, and satisfying and from the reviews, the customers love it. Seller spends less than 2 hours a day managing and overseeing a simple operation with 3 to 4 well trained employees. Seller drops by to check in , provide some quality control, and order supplies. Not really "absentee", but pretty close. Will reduce $60,000 selling price a bit if you are experienced with Boba Tea and don't want or need Seller's recipes. Solid lease with options for two more 5 year terms. NOTE: Annual Revenue and Cash Flow are PROJECTIONS for 2022 based on the first 7 months of operation. Location: Tucson, Arizona Year Established: 2021 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 967 Rent: $2,850.00 Per Month Lease Expiration: 7/19/2026 Facilities: Simply beautiful. Done with class. Great atmosphere to enjoy a tasty product. Everything new. Landlord and owner spent $200K making it just right. Stop by for a "secret shopper" and you will instantly agree. Market Outlook/ Competition: None close by. Good walk-by traffic. Great visibility from the road. Growth & Expansion: Been profitable since opening last summer. Expecting summer traffic to increase over last year. Very encouraging numbers after 7 months

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 7 hours ago

Views: 7

Favorites: 0