PRICED TO SELL: High-Visibility Boba Shop off Prime Main RD
| Asking Price: | $49,000 |
| Rent: | $2,945 |
| Established Year: | 2023 |
| Gross Revenue: | $190,000 |
| FF&E: | $100,000 |
Great takeover opportunity! Own an established and thriving beverage shop located in the heart of Denver, CO. Currently operating as a boba shop, this business features a recently renovated 1008 sq. ft. space with modern finishes and is fully equipped worth $100k, including an ice machine, cold storage, refrigeration, sealing machine, and sink fixtures. The lease is $2,945/month, including NNN, and the shop benefits from high visibility on a busy main road with heavy traffic, surrounded by anchor retail businesses and restaurants.
The boba business taps into a growing market of tea enthusiasts and young consumers seeking trendy and customizable beverages. With its diverse options for tea bases, flavors, and toppings, the shop attracts a wide customer base and encourages repeat visits. The industry also allows for semi-absentee or absentee ownership, as staff require minimal experience and can be quickly trained, making it an efficient operation with low staffing needs.
Denver offers numerous strategic advantages, including a robust and diverse economy with strong sectors in technology, healthcare, and energy. The city's central location and excellent transportation infrastructure make it a prime hub for both national and international business. Colorado's blend of urban sophistication and outdoor adventure, including lakes, hiking, mountains, craft breweries, and a vibrant music, arts, and food scene, adds to the appeal of this location.
The business is situated within a 3-mile radius of 78,840 households, a population exceeding 188k, and an average income of $104k. It is easily accessible from highways and benefits from proximity to various restaurants, auto shops, dental and pharmacy services, insurance offices, a church, and grocery markets. With main street frontage, 20 seating, and 20 parking spaces, this turnkey space is ideal for beverages and can be easily converted for other concepts. The new owners will take over a fully equipped and furnished business valued at $100k. Take advantage of this opportunity to cater to a diverse and dynamic population seeking delicious drinks and snacks.
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