Owner Absentee Run Boba Tea Shop

Monrovia, CA
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Asking Price:$400,000
Gross Revenue:$456,000
Rent:$4,620
Cash Flow:$84,000
Inventory:$10,000
Established Year:2019
BUSINESS DESCRIPTION

** MONTHLY GROSS: $38,000
** MONTHLY RENT: $4,620
** STORE SIZE: 1,872 SF.
** SEATING CAPACITY: 30
** REASON FOR SELLING: NEED CAPITAL FOR ANOTHER INVESTMENT.
** OWNER ABSENTEE RUN.
** OWNER SINCE 2019.
** WITH POTENTIAL TO DUPLICATE THE SUCCESS WITH CURRENT SETUP TO BE FRANCHISE.
** LOCATED ON THE BUSY STRIP LOTS OF FOOT TRAFFIC.
** HUGE SEATING AREA FOR 30+. EASY TO OPERATE.POSSIBLE TO DO EB5 VISA.
** NICELY DECORATED INTERIOR. FULL EMPLOYEE RUN.
** GOOD EMPLOYEES TRAINING SYSTEM FOR ABSENTEE RUN.
** HAS GREAT YELP REVIEW AND GOOD SOCIAL MEDIA PLATE FORM.
** CATERING BUSINESS WITH LOCAL SCHOOL, PARTY EVENT, AND CELEBRITY EVENT ETC.
** CATERING INCOME APPROX $1,000/MO.


DETAILED INFORMATION
Location
Monrovia, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,872
Employees
9
Facilities
** MONTHLY RENT: $4,620 ** STORE SIZE: 1,872 SF. ** SEATING CAPACITY: 30
Competition
EASY TO OPERATE.
Growth & Expansion
POSSIBLE TO DUPLICATE THE BUSINESS AND TURN IT TO FRANCHISE BUSINESS.
Support & Training
SELLER CAN TRAIN AND SUPPORT.
Reason for Selling
SELLER NEED CAPITAL FOR ANOTHER BUSINESS OPPERTUNITY.
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Peter Chai Hui
Shaw
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Peter Chai Hui Shaw