Entire Nevada Franchise Territory and one operational Tea/Boba shop.

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Asking Price:
$150,000

Gross Revenue:
$282,963
Cash Flow:
$47,354
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$45,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Location:
Las Vegas, Nevada
Year Established:
2017
Number of Employees:
9
Facilities:
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.
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About the Sale

Reason For Selling:
Caring for Family
Training/Support:
2 Weeks at 30 hours per week.

Listing Info

ID:
1610988
Ad Detail Views:
0

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Business Listed by

Kathleen Nichols

First Choice Business Brokers
License# S.0186077

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Sponsoring Broker:

Jeff & Linda Nyman
First Choice Business Brokers
License# B.0034047/BS.0034179.MGR


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