Well Established and Profitable Juice Tea Bar

Whittier, CA
Asking Price:$150,000
Gross Revenue:$320,000
Rent:$1,969/Month
FF&E:$30,000
Cash Flow:$122,700
Inventory:$3,500
EBITDA:$122,700
Established Year:2019
BUSINESS DESCRIPTION

Turnkey Business - Easy To Operate!

Chami Tea Bar – a profitable non-alcoholic juice tea bar established since August 2019, located at the SW corner of Beverly Blvd and Norway Blvd inside the Model Plaza Shopping Center. Turnkey operation, easy to operate business. Average sale volume is approximately $26,000/month with monthly average net income approximately $10,000-14,000. Past years sales averaged $320,000/year with averaged net income of approximately $122,700/year. Rent including Landlord’s operating expenses totaling only $1,969/month. All business equipment has been paid off. The tea bar opens 11am-9pm every day. No competition nearby! Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit. Current lease expires on March 31, 2027 with an additional 60 months lease extension option. Seller works at the business approximately 12 hours a week.
Seller is selling the business because of the seller’s desire to spend more time with family. Call today and don’t miss this great turnkey business opportunity!


DETAILED INFORMATION
Location
Whittier, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
638
Lease Expiration
31/03/2032
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All business equipment sales machines, display monitors and fixtures, refrigerator, ice maker and other currently use business equipment including all inventories.
Competition
No competition nearby. Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit.
Growth & Expansion
Current owner does no marketing or promotions, business would only get better with marketing and promotions.
Support & Training
As needed
Reason for Selling
Seller is selling the business because of the seller’s desire to spend more time

BUSINESS LOCATION
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Tony Lam
Tony Lam