Owner Absentee Run Boba Tea Shop

Upland, CA
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Asking Price:$120,000
Gross Revenue:$226,000
Rent:$3,630/Month
Cash Flow:$36,000
Inventory:$10,000
Established Year:2023
BUSINESS DESCRIPTION

** MONTHLY GROSS: $18,912
** MONTHLY RENT: $2,772 + $858 NNN
** LEASE TERMS: 4
** STORE SIZE: 1,320 SF.
** SEATING CAPACITY: 20
** REASON FOR SELLING: NEED CAPITAL FOR ANOTHER INVESTMENT.
** OWNER ABSENTEE RUN. OWNER SINCE 2023.
** WITH POTENTIAL TO DUPLICATE THE SUCCESS WITH CURRENT SETUP.
** LOCATED ON THE BUSINESS STRIP WITH LOTS OF FOOT TRAFFIC.
** HUGE SEATING AREA FOR 20+. EASY TO OPERATE.
** 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. IF PURCHASE WITH MONROVIA LOCATION THE
** PURCHASE PRICE WILL BE $100,000.
** BUYER NEED TO CHANGE THE STORE NAME AND MENU WITH ONLY PURCHASE UPLAND LOCATION.


DETAILED INFORMATION
Location
Upland, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,320
Employees
5
Facilities
** MONTHLY RENT: $2,772 + $858 NNN ** LEASE TERMS: 4 ** STORE SIZE: 1,320 SF. ** SEATING CAPACITY: 20
Growth & Expansion
GREAT POTENTIAL TO TURN THE BUSINESS TO A 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