Asking Price: $150,000 Gross Revenue: $282,963Cash Flow: $47,354 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $45,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a fantastic opportunity to purchase the ENTIRE franchise territory for the state of Nevada for a top global brand Boba shop franchise plus one store already operating! This tea shop franchise has over 2500+ outlets in over 35 countries already. It is a very successful model and is set to take over Nevada as one of the top Boba shop concepts. The sellers have gone through all the hard work of opening up this opportunity to Nevada and have one fully functioning outlet. This flagship store is on one of the most desirable streets for Asian concepts in Las Vegas. With this first store already in place, running and profitable you have the training ground in place to open your next stores. Owner states there is a new contract in play for a second store in another hot new development being built. Family concerns are forcing this sale. Don't let this opportunity pass you by! For additional information, please contact Listing Agent Kathleen Nichols at 702-461-9057.
About the Business
Las Vegas, Nevada
Number of Employees:
This is a leased location of 2,156 square feet with a Total Rent of $4,625. Lease ends 09/2022 with a one 5 year lease option. Seller is semi-absentee with 3 FT employees and 6 PT employees. Hours of operation are 11 AM to 11 PM, Monday - Sunday. $20,000 in Inventory and $45,000 in FF&E included in Asking Price. $160,000 made in Leasehold Improvements. Assets include $170,000 Complete Nevada Territory for Franchise.
Entire Nevada Franchise Territory and one operational Tea/Boba shop.
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