Established Turnkey Boba & Specialty Beverage Business
Business Description
Own a piece of Wichita boba history. Established in 2016 as Wichita’s first boba tea shop, this specialty beverage business offers a rare opportunity to acquire an established operation with nearly a decade of history in the local market.
The sale includes the established business and brand, business-owned equipment, furniture and fixtures, and existing inventory/stock at closing. The retail location is already built out and operational, allowing a new owner to step into an existing business rather than take on the time, cost, and uncertainty of building a new beverage concept from the ground up.
The business has an established customer base, developed menu, vendor relationships, operating procedures, and a recognizable presence within the Wichita market. Current ownership has continued investing in and developing the business and is offering the opportunity due to a career transition, not a forced closure.
This could be an excellent acquisition for an entrepreneur seeking a turnkey operation or an existing boba, tea, coffee, smoothie, dessert, or specialty beverage company looking to establish or expand its presence in Wichita.
Seller financing may be considered for a qualified buyer if necessary. Financing terms are negotiable and may result in different overall purchase terms. Additional financial information, equipment details, lease information, and operational records are available to serious, qualified buyers.
The sale includes the established business and brand, business-owned equipment, furniture and fixtures, and existing inventory/stock at closing. The retail location is already built out and operational, allowing a new owner to step into an existing business rather than take on the time, cost, and uncertainty of building a new beverage concept from the ground up.
The business has an established customer base, developed menu, vendor relationships, operating procedures, and a recognizable presence within the Wichita market. Current ownership has continued investing in and developing the business and is offering the opportunity due to a career transition, not a forced closure.
This could be an excellent acquisition for an entrepreneur seeking a turnkey operation or an existing boba, tea, coffee, smoothie, dessert, or specialty beverage company looking to establish or expand its presence in Wichita.
Seller financing may be considered for a qualified buyer if necessary. Financing terms are negotiable and may result in different overall purchase terms. Additional financial information, equipment details, lease information, and operational records are available to serious, qualified buyers.
About the Business
- Years in Operation
- 10
- Employees
- 10 Part-time
- Facilities & Assets
- ICTea operates from an established retail location at 3300 N. Rock Road, Suite A3, Wichita, Kansas 67226. The location is already built out and configured for boba tea and specialty beverage operations, allowing a buyer to take over an existing operation rather than starting with an empty commercial space.
The purchase price includes the business-owned equipment, furniture, fixtures, and existing inventory/stock at the time of closing, providing a turnkey opportunity for the new owner.
ICTea was established in 2016 as Wichita's first boba tea shop, giving the business an established local history and recognizable presence in the Wichita beverage market. The acquisition provides a buyer with the opportunity to obtain not only the physical assets and inventory, but also the established ICTea business and brand. - Market Outlook / Competition
- ICTea operates in Wichita’s growing specialty beverage market and holds the distinction of being Wichita’s original boba tea shop, established in 2016. Since opening, the local boba market has expanded considerably, with additional local shops and national/regional concepts entering the area.
ICTea benefits from nearly a decade of operating history, established local brand recognition, an existing customer base, developed recipes and menu offerings, and a fully equipped retail location. The business competes not only with other boba shops, but also with coffee shops, smoothie concepts, dessert businesses, and other specialty beverage retailers.
ICTea can also differentiate itself through its allergy-friendly options, sugar-free selections, customizable beverages, and protein add-on options, providing opportunities to serve customers beyond the traditional boba market. - Opportunities for Growth
- ICTea offers several opportunities for a new owner to expand revenue while building on an established brand and customer base. The business currently focuses primarily on boba and specialty beverages, with cold brew as its current coffee offering, leaving several product categories available for future development.
A new owner could introduce an espresso program, including lattes, cappuccinos, iced espresso beverages, and other specialty coffee options. Additional opportunities include adding desserts, pastries, snacks, or a larger food menu, potentially increasing average ticket size and attracting customers during additional dayparts.
Further growth could come through catering and large orders, delivery and online ordering, increased local and social media marketing, loyalty programs, seasonal products, partnerships with local businesses and organizations, and expanded operating hours.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,100
- Rent
- $1,890 per month
About the Sale
- Seller Motivation
- Selling due to a career transition and desire to pursue new opportunities.
- Transition Support
- Ownership is committed to providing a smooth transition and reasonable training period for the new owner. Training can include day-to-day operations, drink preparation, menu procedures, equipment operation, inventory management, ordering, vendor relationships, and general business processes.
Existing recipes, operational knowledge, and procedures necessary to continue operating ICTea can be transitioned to the buyer as part of the sale.
The specific length and scope of training will be negotiated as part of the final purchase agreement. - Financing Options
- Seller Financing: Terms TBD, Seller financing may be considered for a qualified buyer
Listing Info
- ID
- 2446477
- Listing Views
Listing ID: 2446477 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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