Established Tea & Beverages Shop - Pasadena CA
Pasadena, CA
| Asking Price: | $175,000 |
| Gross Revenue: | $480,000 |
| FF&E: | $50,000 |
| Cash Flow: | $100,000 |
| Rent: | $5,974.65/Month |
| Established Year: | 2011 |
Listing ID: 2274394Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established Tea and beverage shop. Well-known business operating since 2011 in a shopping center with high traffic near schools, businesses, and residential areas. It is located in a corner shopping center in the major intersection of Huntington Dr and San Gabriel Blvd in the city of Pasadena, CA.
Anchor tenants are Trader Joe's and CVS.
*** Please do not interrupt the store staff or ask them questions. Only contact via this listing or sgvmgmt626@gmail.com Thank you.
DETAILED INFORMATION
Location
Pasadena, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,182
Lease Expiration
15/07/2026
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Price includes all equipment and furnishings including but not limited to a large walk-in refrigerator, under-counter refrigerators, Freezers, hot water dispensers, water filtration systems, water heater, soft-water systems, etc.
The business is built out and fully functional as-is for a tea & beverage shop or any other similar food & beverage business. Company Brand is not for sale.
Competition
Our business has been well-established in San Gabriel Valley since 2011.
We have a steady and loyal customer base that has enjoyed our distinct taste for almost 15 years. The first Tea Shop was established in 2008 and we have always provided top quality products and offered the most variety of drinks compared to competitors.
Growth & Expansion
The business model is streamlined for expansion opportunities.
Support & Training
Our business "know-how" and training are available at extra cost. If the buyer is interested in running the same existing business. Training on how to prepare all drink ingredients, brew tea and coffee, and recipes and how to make every drink made to order. We also have private suppliers with private-label ingredients. Free advise on business licensing and permits.
Reason for Selling
Owner and partners are retiring
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