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Turnkey Boba Tea Kiosk for Sale – Profitable & Fully Equipped!
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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 13 trained employees
• Professional management teams handle all daily operations
KEY ADVANTAGES:
• Strong social media presence: 37,000+ Instagram followers
• Lease secured through June 1, 2033 at $11,800 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: $736,386
FF&E:$70,000
Inventory Value: $7,000
Monthly Lease: $11,800
Lease Expiration: 2033
Employees: 13
IDEAL BUYER PROFILE:
• Investors seeking passive income from premium mall location
• Food & beverage operators wanting established mall presence
• Operators looking for proven absentee systems
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 13 trained employees
• Professional management teams handle all daily operations
KEY ADVANTAGES:
• Strong social media presence: 37,000+ Instagram followers
• Lease secured through June 1, 2033 at $11,800 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: $736,386
FF&E:$70,000
Inventory Value: $7,000
Monthly Lease: $11,800
Lease Expiration: 2033
Employees: 13
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
- 2
- Employees
- 13 (13 Part-time)
student employees help available during summer break and holiday season - Franchise
- This business is an established franchise
- Facilities & Assets
- Prime Retail Footprint – Strategically located inside Washington Square Mall with excellent visibility, foot traffic, and proximity to anchor tenants (e.g. Apple, Victoria's Secret). Compact, efficient layout designed for high beverage volume.
Everything newly constructed in 2023. - Market Outlook / Competition
- Established Customer Base – Loyal clientele and consistent foot traffic from surrounding shopping, dining, and entertainment venues. Recognized Brand Edge – Happy Lemon’s brand recognition, innovative seasonal drink launches, and exclusive specialty drinks drive repeat visits. Social Media Support – Benefit from state wide Instagram and digital ad campaigns, seasonal promotions, and professionally designed marketing materials. Limited Competition – Few nearby competitors provide the same high-quality Boba tea experience.
- Opportunities for Growth
- Washington Square is one of Oregon’s highest-traffic shopping destinations, providing a strong foundation for continued growth. Opportunities for expansion include introducing new seasonal menu items, catering partnerships with nearby businesses, and increasing digital sales through delivery platforms. Additional marketing within the mall community, loyalty program engagement, and cross-promotions with nearby retailers can further boost visibility and sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 200
- Rent
- $11,800.00 per month
- Lease Expiration
- 1/3/2033
About the Sale
- Seller Motivation
- Owner is streamlining operations and focusing on other business ventures.
- Transition Support
- Absentee Ownership. Store managers handles hiring; training and inventory management and staff will continue to work for the new owner.
Listing Info
- ID
- 2440164
- Listing Views
- 761
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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