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Bubble Tea Shop for Sale

Gaithersburg, MD
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Asking Price:$150,000
Established Year:2019
Gross Revenue:$300,000
Listing ID: 2255411Listing provided by BizBuySell
BUSINESS DESCRIPTION

For Sale-Boba Tea Shop

Newly established and operated for 4 years, this business is in the process of building up its volume. The owners are looking to retire and are willing to part with it for a fraction of the cost of building a new . Located in a vibrant demographic area on a busy thoroughfare, it is adjacent to and near well-known restaurants. The business has a small kitchen hood and can make basic food, offering great potential for expansion. This is a fantastic opportunity for young entrepreneurs with strong online social marketing skills to enter the business world. There is potential to add other food and drink products to the offerings and extend business hours. The business has good reviews online!

DETAILED INFORMATION
Location
Gaithersburg, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,007
Employees
3
Competition
In Gaithersburg, Maryland 20877, the bubble tea market is vibrant and rapidly growing, driven by a young, diverse, and trend-conscious demographic. With a high foot traffic location on a busy thoroughfare, the shop benefits from proximity to well-known restaurants and retail stores, attracting both locals and tourists. The competition includes several established bubble tea brands and independent shops, each offering unique flavors and experiences.
Growth & Expansion
This bubble tea shop is positioned for growth. With a diverse and vibrant demographic, plus a prime location near popular venues, there's ample opportunity to expand. Potential growth strategies include introducing new flavors, extending hours, enhancing marketing efforts, forming partnerships, and improving customer service. These initiatives aim to increase foot traffic, attract new customers, and establish a strong local presence.
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Alain Vu
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