Modern, Semi-Absentee Boba Tea Shop in Chandler

Chandler, AZ
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Asking Price:$125,000
Gross Revenue:$280,000
Rent:$4,300
Cash Flow:$40,000
Inventory:$5,000
FF&E:$50,000
BUSINESS DESCRIPTION

This boba tea shop is a newly-established, franchise business with a beautiful, modern build-out. It's located in a high growth market, is just miles from five different high schools, and has a consistent customer base. This location is a turn-key business and is currently run semi-absentee. Business has a long-term lease, brand new equipment, no royalty fees until franchise renewal, and has a lot of growth potential for a new owner. Seller has recently put in an additional $15k+ into upgrading/renovating for added customer service, productivity, and ambiance. Sale includes approximately $5,000 in inventory, two weeks of training from Seller, and two weeks of training from Franchisor. Opportunities for growth include better utilization of third part delivery apps, self-order kiosks, booking off-site events like birthday parties, school events, community events etc..


DETAILED INFORMATION
Location
Chandler, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,066
Lease Expiration
01/06/2031
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Health dept., food safety licenses req'd
Support & Training
2 weeks
Reason for Selling
Other business interests
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Erin
Schulthies
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Erin Schulthies