Excellent opportunity for an owner operator. May qualify for E2 Visa

Tampa, FL
chewy
Asking Price:$315,000
Gross Revenue:$548,000
Rent:$4,950/Month
Established Year:2017
Cash Flow:$217,450
Inventory:$700
FF&E:$8,480
BUSINESS DESCRIPTION

Profitable Business, excellent reputation. High quality service. Can grow expone

This unique store specializes in a variety of delightful offerings including Boba tea, smoothies, juices, ice cream, and macarons. It is strategically located in a bustling strip mall with high foot and vehicle traffic, anchored by popular dining establishments such as Chipotle Mexican Grill, Little Greek, and Pizza Hut.

Currently, the business is being operated by 15 part-time employees on W2 as the owner is absentee. Despite this, the store remains a profitable venture. However, the potential for increased profitability is significant, especially for an owner-operator. By taking a more hands-on approach, the owner can reduce the staff to one-third, thereby exponentially increasing profit margins.

The store operates under the fictitious name (DBA Chewy Boba Company), which is a registered trademark. It's important to note that there is an annual fee of $6,000 with a 3% annual increment to maintain the rights to operate under this DBA. Nevertheless, this fee will be waived for the new owner during the first year of operation.

The P&Ls reflect the results in the case of an owner-operator. The "other" add-back represents the reduced cost of excess employees. P&L 2024 is updated from January to July

SELLER MOTIVATED!


DETAILED INFORMATION
Location
Tampa, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,950
Lease Expiration
30/11/2032
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Strip Mall
Support & Training
2 weeks for free
Reason for Selling
Partnership dissolution
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Jack
Beraha
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Jack Beraha