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Popular Boba & Ice Cream shop for sale

Kailua Kona, HI
Asking Price:$200,000
Gross Revenue:$500,000
Rent:$3,587.33/Month
Established Year:2020
Cash Flow:$100,000
Inventory:$4,500
FF&E:$40,000
Listing ID: 2262132Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well established, busy boba & ice cream shop right in downtown Kona!

Very popular Boba Tea (Bubble Tea) and Ice Cream shop right in the heart of downtown Kona at the Lanihau Center!
Fully scalable Boba Tea & Ice cream business. We have strategically invested into Concept, Design, social media marketing, branding and quality of product. Our reputation in the local community and tourist market have been amazing along with a strong returning customer base. We are located in the heart of Kailua-Kona at the Lanihau Center surrounded by a Supermarket, restaurants, and entertainment complex, with plenty of free parking space. This location cannot be beat by catering to both Locals and Tourists. We’ve established operational procedures and protocols that will serve as an easy transition into the Business and start earning right away. We’ve built an amazing local customer base and grown to be the premiere Boba and Ice cream shop in Kona. We’ve established operational & marketing expertise to expand the business into any market. We are happy to provide training and support for a smooth transition into the Business and working with our amazing group of employees, vendors and loyal customers. This is an extremely profitable location that has unlimited growth potential. All units at the Lanihau center will be at full capacity due to the unbeatable value in location.

DETAILED INFORMATION
Location
Kailua Kona, HI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
826
Lease Expiration
31/10/2028
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
We are located in the heart of downtown Kona at the Lanihau Center. This location is highly sought after for its high foot traffic and close distance to anywhere in Downtown Kona and Alii Drive. We have a canopy covered seating area in front of the store making it a popular spot for customers in any weather conditions. Our store is very visible due to our main LED Sign and center location. Percentage rent is paid on gross sales. The location is ideal especially due to our strong Anchor tenants that bring in high foot traffic.
Competition
The prime location for this type of business is unbeatable. We are the premiere Boba & Ice cream shop in Kona and located in the busiest complex in the heart of Kona. The most rewarding is the variety of new Restaurants, shopping, and entertainment offered in the complex that draw in customers daily. It is located in a busy intersection between Palani Rd. and Henry St.
Growth & Expansion
There are so many options for growth and expansion especially with the influx of population in beautiful Kona. We are more than happy to share our expert strategies we've developed for additional expansion and menu products. We’ve been approached with inquiries to franchise both locally and the mainland. There are lucrative opportunities to expand locally and beyond with our business model. Our ownership team will support with this expansion.
Support & Training
This is a streamlined business with processes and procedures in place, from employee training, learning recipes, inventory, vendors and management. Marketing has grown exponentially through our social media platforms as well as strong word of mouth marketing. We are happy to provide training and support for the new owners to manage the existing experienced team.
Reason for Selling
Family, Moving, Business ventures
Franchise
This business is an established franchise
BUSINESS LOCATION
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CJ Cho
Phone Number
CJ Cho
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