Turnkey Boba Tea Franchise in Washington Square Mall
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Prime Location in Oregon's highest traffic mall
Happy Lemon is a well recognized bubble tea brand in Portland and internationally. The Washington Square location represents one of Oregon’s most desirable turnkey franchise opportunities — positioned in a premier shopping destination with exceptional daily foot traffic and strong mall demographics.
Business Overview:
• Prime location in Washington Square Mall with Maximum foot traffic exposure.
• Over $700k annual revenue with strong performance trajectory
• Established franchise with proven brand recognition
• 100% absentee ownership model
• Turnkey operation with 12 trained employees
• Professional management teams handle all daily operations
KEY ADVANTAGES:
• Strong social media presence: 37,000+ Instagram followers
• Lease secured through July 1, 2028 at $12,500 monthly
• Established systems ensure seamless ownership transition
• Store managers oversee hiring, training, and inventory
• Existing staff committed to continuing under new ownership
FINANCIAL SUMMARY:
Asking Price: $365,000
Annual Revenue: $713,556
FF&E:$70,000
Inventory Value: $7,000
Monthly Lease: $12,500
Lease Expiration: 2028
Employees: 12
IDEAL BUYER PROFILE:
• Investors seeking passive income from premium mall location
• Food & beverage operators wanting established mall presence
• Operators looking for proven absentee systems
Happy Lemon is a well recognized bubble tea brand in Portland and internationally. The Washington Square location represents one of Oregon’s most desirable turnkey franchise opportunities — positioned in a premier shopping destination with exceptional daily foot traffic and strong mall demographics.
Business Overview:
• Prime location in Washington Square Mall with Maximum foot traffic exposure.
• Over $700k annual revenue with strong performance trajectory
• Established franchise with proven brand recognition
• 100% absentee ownership model
• Turnkey operation with 12 trained employees
• Professional management teams handle all daily operations
KEY ADVANTAGES:
• Strong social media presence: 37,000+ Instagram followers
• Lease secured through July 1, 2028 at $12,500 monthly
• Established systems ensure seamless ownership transition
• Store managers oversee hiring, training, and inventory
• Existing staff committed to continuing under new ownership
FINANCIAL SUMMARY:
Asking Price: $365,000
Annual Revenue: $713,556
FF&E:$70,000
Inventory Value: $7,000
Monthly Lease: $12,500
Lease Expiration: 2028
Employees: 12
IDEAL BUYER PROFILE:
• Investors seeking passive income from premium mall location
• Food & beverage operators wanting established mall presence
• Operators looking for proven absentee systems
About the Business
- Years in Operation
- 3
- Employees
- 12 (2 Full-time, 10 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Turnkey, fully built-out Happy Lemon located in Washington Square. Modern, franchise-approved interior with efficient layout and customer seating. Equipped with complete beverage production line including commercial-grade water heater, blenders, mixers, sealing machines, and ice machine. Includes commercial refrigerators, freezers, and organized shelving for inventory management. Infrastructure features compliant plumbing and electrical systems, including sinks and floor drains. Integrated POS system with digital menu boards and loyalty capability, plus Wi-Fi and security cameras. All FF&E included: stainless steel prep tables, counters, storage, and fixtures. Branded signage, menu boards, and wall graphics in excellent condition. Ready for immediate operation.
- Market Outlook / Competition
- Located in Washington Square, this Happy Lemon benefits from one of the region’s strongest retail trade areas, drawing consistent foot traffic from Tigard, Beaverton, and greater Portland. The surrounding demographic includes a mix of young professionals, families, and students—key consumers for bubble tea and specialty beverages.
The bubble tea segment continues to see steady growth, with strong demand for branded, high-quality concepts. While there are independent tea shops and regional competitors nearby, few operate within a premier indoor mall setting with comparable visibility and foot traffic. Happy Lemon’s global brand recognition, standardized menu, and established customer base provide a competitive advantage.
This location is well-positioned to capture both impulse mall traffic and repeat local customers, offering stable revenue potential with opportunities for further growth through marketing and operational optimization. - Opportunities for Growth
- Significant upside remains through operational optimization and targeted marketing. Expanding delivery partnerships (DoorDash, Uber Eats) and online ordering can capture off-mall demand and increase average daily sales. Extending hours to align with peak mall traffic, weekends, and holidays can further boost revenue.
Menu expansion—seasonal drinks, limited-time offers, and high-margin add-ons (toppings, snacks)—provides additional growth opportunities. Increased local marketing, social media engagement, and campus/community outreach can strengthen brand visibility and repeat business.
Operational efficiencies such as improved labor scheduling, cost control, and upselling strategies can enhance margins. A hands-on owner-operator or experienced multi-unit operator can unlock additional value and scale performance.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 200
- Rent
- $12,500.00 per month
About the Sale
- Seller Motivation
- Owner is streamlining operations and focusing on other business ventures.
- Transition Support
- Buyer will receive a comprehensive transition and training package to ensure a smooth takeover. The seller will provide hands-on onboarding covering daily operations, inventory management, staffing, vendor relationships, and cost controls. Training includes POS system usage, reporting, scheduling, and ordering procedures. Introduction to key suppliers and service providers (e.g., chemicals, laundry, internet, and maintenance) will be included.
As a Happy Lemon franchise, the buyer will also benefit from ongoing franchisor support, including standardized recipes, product sourcing, marketing campaigns, and operational guidelines. Corporate training and approval process will be required per franchise standards.
Seller is available for a negotiated transition period to ensure continuity and a successful handoff.
Listing Info
- ID
- 2440164
- Listing Views
- 1245
Listing ID: 2440164 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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