Crowd-Loved Teaspoon Franchise - Downtown Berkeley
Asking Price: | $275,000 |
Gross Revenue: | $450,000 |
Rent: | $5,600 |
Cash Flow: | $125,000 |
Inventory: | $2,500 |
Established Year: | 2023 |
Fastest Growing Boba Shop In Berkeley
Business Overview:
Step into the vibrant world of boba tea with this exceptional opportunity to own a thriving Teaspoon franchise in downtown Berkeley. Opened in 2023, this popular boba shop has quickly captured the hearts (and taste buds) of locals and visitors alike, thanks to its unique blend of traditional and innovative flavors that are a hit on social media.
As part of a rapidly expanding franchise, this location is set for significant growth and is well-positioned to become the leading boba destination in the area.
Financial Overview:
- Asking Price: $275,000
- Cash Flow: $125,000
- Gross Revenue: $450,000
- Inventory: $2,500
- Rent: $5,600
- Established: 2023
Key Financial Highlights:
Annual Revenue: $450,000
Prime Location: 900 sq. ft. in downtown Berkeley
Affordable Rent: $5,600/month
Established Customer Base: Popular with a broad demographic, especially young adults
Operating with a lean team of one full-time manager and ten part-time staff, this business is set for optimization under new ownership. The franchise provides comprehensive support, including a successful business model and an enticing menu that keeps customers returning.
Reason for Selling:
The current owner is relocating for a new job opportunity, creating an excellent chance for a new owner to step in and continue the momentum.
Growth Opportunities:
- Collaborate with local influencers to amplify social media presence
- Increase local awareness through promotional QR codes for reviews and engaging giveaways
- Explore catering options and participate in community events to broaden market reach
This is an ideal opportunity for an aspiring entrepreneur or an investor looking to enter the booming boba tea market with a trendy brand that already enjoys a loyal customer base. With strong support from the franchise and endless possibilities for growth, this business is poised for continued success.
For more information about this exciting opportunity, including detailed financials and operational insights, please submit a business inquiry.
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