New Boba/Bubble Tea Concept in Downtown LocationListing: #SV00083
About this Business for sale in Greater San Francisco Bay AreaNew Boba/Bubble Tea Concept in Downtown Location
This business is an original Bubble/Boba Tea concept with the first location in San Jose opening 5 years ago. The business specializes in a variety of different tea-based beverages from creamy teas, floral teas, and bare teas to their signature Specialteas. Store is located in Contra Costa in the middle of a popular downtown street, with heavy foot, car traffic and sought after demographics. Store has beautiful ambience, with wide, minimalist interior, bright colors and wide open windows for natural light. Owner invested $150K on new floors, security, equipment, furniture and fixtures.
Store is run with a mix of 9 employees from local Community College and a semi-absentee Owner. Rent is $6200 each month 5+ 5 lease with 1200 square feet. Business is a turn-key concept that will be successful with Boba or it can easily be converted to dessert, ice cream or other food related service.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.