You have accessed this listing information from the VR National database through: This business is listed and represented by:

VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
socalvrbb@gmail.com

Business Listing Details

LISTING#:
01984939DK

D0600: Miscellaneous Food Service
FRANCHISE BOBA COFFEE TEA IN SOUTH BAY-Semi Absent
LOCATION: LOS ANGELES
  
ASKING
PRICE

$99,000
AMOUNT
DOWN

$99,000
REVENUES:
  
DISCRETIONARY
EARNINGS

TOTAL
ASSETS

$200,000
GREAT YELP REVIEWS
STANDOUT INTERIOR - FRANCHISE APPROVED

The contemporary and iconic franchise boba tea store was established in 2019. 
The reputable franchise offers handcrafted teas with premium ingredients - with national and international locations.

This business opportunity allows the new owner to continue grow its customer base through social media marketing and local marketing.  The interior offers very unique, fun, and comfortable ambience for its patrons.

The semi-absentee owner is a career professional and prefers to stay within the industry.
Great savings for the new owner - Start up capital to build the franchise store can be greater than $200k.

$15,000 fee for the franchise (to be paid by buyer) covers the transfer fee and training (all costs and details to be confirmed with the franchise).
Franchise license expires in 2028. 3% Royalty. 
Attractive 1600SF Shop with 8 years left on the lease.

Approx. Monthly Expenses (to be confirmed by buyer) - COG~31% (first year), Electric -$600, Insurance-$200, Phone-$120, POS-$80, Royalty-$470, Marketing-$310. Payroll - $3,500 bi-weekly (7 part timers).

This business will be sold fast, so please act fast.

 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Associate on Duty
Phone:  (562) 402-2686
E-Mail:  socalvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
www.vrbusinessbrokers.com/office/LOS-ANGELES-ARTESIA-CA.aspx
Listing Number:  01984939DK
 


Best Tea!