Sharetea Franchise | $350K Sales | Turnkey | High Growth
Business Description
Established and well-operated Sharetea franchise located at the main entrance of Antelope Valley Mall, the primary shopping destination serving the Palmdale and Lancaster region. This is a fully built-out, turnkey business with strong brand recognition, consistent customer traffic, and systems already in place.
The business opened in July 2022 and quickly scaled, generating approximately $185K in partial first-year sales, followed by over $400K in both 2023 and 2024. Current annual revenue is approximately $350K, reflecting broader economic conditions and brand-wide softness, while still maintaining a solid customer base and operational stability. The store has already demonstrated its ability to perform at a higher level, with clear opportunity to return to prior sales levels.
This location benefits from strong co-tenancy and visibility, surrounded by national brands including Club Pilates, Dog Haus, and Blaze Pizza, which drive consistent daily traffic. The store is positioned in a high-exposure area with excellent access and visibility within the plaza.
Operations are structured and efficient, with a trained team in place and an assistant manager currently handling day-to-day operations. The business is currently run absentee, making it suitable for both hands-on owner-operators and those looking to maintain a semi-absentee structure.
There is significant upside for a new owner. A more involved operator can increase sales through stronger community engagement, local marketing, and customer retention. Additional opportunities include extending hours to capture late-night demand, optimizing labor scheduling, and increasing average ticket through upsells and promotions. The business is also integrated with major delivery platforms, providing additional revenue channels.
All equipment is in good working condition, and the store features a clean, modern interior with dine-in seating as well as an enclosed outdoor seating area. This is a strong opportunity to acquire an established franchise with proven sales history, built-in systems, and clear growth potential.
The business opened in July 2022 and quickly scaled, generating approximately $185K in partial first-year sales, followed by over $400K in both 2023 and 2024. Current annual revenue is approximately $350K, reflecting broader economic conditions and brand-wide softness, while still maintaining a solid customer base and operational stability. The store has already demonstrated its ability to perform at a higher level, with clear opportunity to return to prior sales levels.
This location benefits from strong co-tenancy and visibility, surrounded by national brands including Club Pilates, Dog Haus, and Blaze Pizza, which drive consistent daily traffic. The store is positioned in a high-exposure area with excellent access and visibility within the plaza.
Operations are structured and efficient, with a trained team in place and an assistant manager currently handling day-to-day operations. The business is currently run absentee, making it suitable for both hands-on owner-operators and those looking to maintain a semi-absentee structure.
There is significant upside for a new owner. A more involved operator can increase sales through stronger community engagement, local marketing, and customer retention. Additional opportunities include extending hours to capture late-night demand, optimizing labor scheduling, and increasing average ticket through upsells and promotions. The business is also integrated with major delivery platforms, providing additional revenue channels.
All equipment is in good working condition, and the store features a clean, modern interior with dine-in seating as well as an enclosed outdoor seating area. This is a strong opportunity to acquire an established franchise with proven sales history, built-in systems, and clear growth potential.
About the Business
- Years in Operation
- 4
- Employees
- 12 Part-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- Fully built-out Sharetea franchise with all equipment in good working condition, including tea brewers, sealing machines, refrigeration, prep stations, POS system, and furniture. Clean, modern interior with dine-in seating and an enclosed outdoor seating area. Prime location at the main entrance of Antelope Valley Mall, the primary shopping destination serving the Palmdale/Lancaster region. Surrounded by strong national tenants including Club Pilates, Dog Haus, and Blaze Pizza, driving consistent foot traffic. Efficient layout supports dine-in, takeout, and delivery operations.
- Website
- https://www.shareteapalmdale.com/
- Market Outlook / Competition
- Located in a high-traffic retail corridor at the main entrance of Antelope Valley Mall, the primary retail hub serving the Palmdale and Lancaster area. The center features strong national co-tenants that drive consistent daily traffic. Bubble tea demand continues to grow, and the business benefits from established brand recognition with limited direct competition in the immediate area compared to more saturated markets.
- Opportunities for Growth
- The business has previously achieved $400K+ in annual sales, with clear opportunity to return to that level. A more hands-on owner can increase revenue through stronger community engagement, local marketing, and improved customer retention. Additional upside through extending hours, optimizing labor, and increasing average ticket with upsells and promotions. Delivery platforms and existing customer base provide further room for growth.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,102
- Rent
- $4,114.00 per month
About the Sale
- Seller Motivation
- Focusing on other business locations and reallocating time and capital.
- Transition Support
- Seller will provide training and transition support to ensure a smooth handoff, including operational procedures, staff guidance, and vendor relationships. Sharetea corporate provides ongoing franchise support with product sourcing, menu updates, and brand standards. Current assistant manager is in place and handles daily operations, allowing for a seamless transition for a new owner.
Listing Info
- ID
- 2496547
- Listing Views
- 9
Business Location
Listing ID: 2496547 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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