Boba Tea Café: Absentee-Run | Gross $604K | Asset Sale Now $129K, OC
Asset Sale Description
> Price Reduced - Now $129,000 (Was $285K / $240K)
> Turn-Key Presotea Franchise - Torrance, CA
• Absentee-run, easy-to-operate bubble tea shop in a busy, affluent shopping center.
• Avg. Sales: $50,712/mo. Net Income: $6,333/mo (SDE per seller, absentee-run income).
• Size: 1,129 sq. ft. | Rent: $6,785 + $1,703 CAM
• Lease: 2 yrs + 5-yr option.
• Staffed by 2 managers + 10 PT employees.
• Buyer can choose franchise or independent operation.
• Presotea growing fast as our company sold 16 CA & 12 TX franchises & its rights recently.
. additional statewide franchise rights available for purchase:
- Michigan: $100,000
- Arizona: $120,000
• Training & transfer fees apply.
(1) Transfer Fee: $15,000 (buyer responsibility)
(2) Optional Training Fee: $10,000 for 1-week corporate training
• Full cash buyer preferred.
> Requirements: NDA, buyer profile & proof of funds for details/financials.
> Disclaimer: Info provided by seller, not independently verified. Buyer must conduct due diligence. Action Realty Task Holdings, Inc. (ART) or its agents makes no guarantees or warranties as to the accuracy, completeness, or validity of the information presented.
> Turn-Key Presotea Franchise - Torrance, CA
• Absentee-run, easy-to-operate bubble tea shop in a busy, affluent shopping center.
• Avg. Sales: $50,712/mo. Net Income: $6,333/mo (SDE per seller, absentee-run income).
• Size: 1,129 sq. ft. | Rent: $6,785 + $1,703 CAM
• Lease: 2 yrs + 5-yr option.
• Staffed by 2 managers + 10 PT employees.
• Buyer can choose franchise or independent operation.
• Presotea growing fast as our company sold 16 CA & 12 TX franchises & its rights recently.
. additional statewide franchise rights available for purchase:
- Michigan: $100,000
- Arizona: $120,000
• Training & transfer fees apply.
(1) Transfer Fee: $15,000 (buyer responsibility)
(2) Optional Training Fee: $10,000 for 1-week corporate training
• Full cash buyer preferred.
> Requirements: NDA, buyer profile & proof of funds for details/financials.
> Disclaimer: Info provided by seller, not independently verified. Buyer must conduct due diligence. Action Realty Task Holdings, Inc. (ART) or its agents makes no guarantees or warranties as to the accuracy, completeness, or validity of the information presented.
Detailed Information
- Years in Operation
- 2
- Facilities & Assets
- Full kitchen, Fancy deco, Cutting-edge tea brewing machines, Spacious and open food-prep area, Financial records reported from square, A hot spot in Torrance, OC, High-end equipment and kitchen systems. Corporative continues to provide the same ingredients, supplies and products.
About the Sale
- Transition Support
- 2 weeks of extensive on-site training by the manager after closing escrow, including 8 hours of training by the seller. An additional week of Corporative training is available for volunteer buyers only, at a cost of $10,000 per person.
- Seller Motivation
- Seller is an MD, running several biz, wants to focus on his profession
Listing Info
- ID
- 2410675
- Listing Views
- 11
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2410675 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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