Boba shop - can sell coffee with exclusive right

El Monte, CA
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Asking Price:$80,000
Gross Revenue:$240,000
Cash Flow:$72,000
Rent:$5,349
ASSET SALES DESCRIPTION

1. Store size: 1,135 sqft(Seating capacity:20)
2. Business hours: 11:30PM - 9:30PM Tu-Su, Mon close
3. Rent & Increase: $4,214.43 + $1,135 (NNN), annual 3% increase
4. Lease & Deposit: 7+5+5, $3,972.5 security deposit
5. No. of Employee: F 0, P 3($2,000)
6. How long owner work per week: Full time
7. How long Estab: 2 year
8. How long current owner: 2 year
9. Reason for sale: Owner has other business opportunity
10. Monthly Gross sale: Asset sale
11. Monthly Net income: Asset sale
12. Asking price: $80,000
13. Comment:
This is a boba shop that operates under the same brand name in multiple locations like a franchise. However, there is no franchise fee. The store is very clean and has a well-decorated interior. The owner will pass on all the recipes to the new owner so he can run the boba shop.
MUST SEE!!!


DETAILED INFORMATION
Location
El Monte, CA
Real Estate
Leased
Building SF
1,135
Employees
3
Reason for Selling
Owner has other business opportunity
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Sinclair
Kim
Tree Realty
Sinclair Kim