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Boba Tea: Newly Established & Profitable for Sale

Richmond, VA

Seller Financing Available

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Asking Price:$200,000
Gross Revenue:$256,000
FF&E:$15,000
Cash Flow:$86,000
Inventory:$30,000
Established Year:2022
Listing ID: 2291335Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established & Profitable

Established in 2022 and already generating a profit, this popular boba tea and snow ice shop is a prime opportunity for a motivated entrepreneur. Located in the heart of Richmond, VA, this business offers a unique and delicious menu featuring a wide variety of bubble teas, milk teas, fresh fruit teas, and snow ice. With its prime location and high-quality products, this shop has quickly become a local favorite.

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DETAILED INFORMATION
Location
Richmond, VA
Inventory
Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
No facilities. Everyone works remotely. But you’d never know.
Competition
As with any city, there is standard competition from other bubble tea shops, dessert cafes, and beverage stands. However, the Business has set itself apart with its unique snow ice offerings, high-quality ingredients, and a prime location that ensures consistent customer flow. The shop has built a strong brand identity and loyal customer base that helps it stand out in a competitive market.
Growth & Expansion
The bubble tea and frozen dessert industry has grown steadily in the United States, with increasing demand for customizable, flavorful, and Instagram-worthy beverages and treats. Bubble tea has become a favorite among younger generations, driving foot traffic to shops that offer these refreshing drinks. Additionally, snow ice has regained popularity as a fun and unique dessert option, making this business well- positioned in a thriving industry. Given the area’s diverse population and the city’s reputation as a food and beverage hub, the shop benefits
Financing
TBD if the structure and terms are acceptable.
Support & Training
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for two weeks, and up to four weeks as on-call consultants, or as negotiated.
Reason for Selling
The current owner is relocating out of the area and is seeking a buyer who can c
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Mike
Kachin
Pronova Partners
Phone Number
Mike Kachin
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