Long-Established Boba Tea Shop in West Valley

Maricopa County, AZ
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Asking Price:$175,000
Gross Revenue:$725,000
EBITDA:$105,000
Established Year:2014
Cash Flow:$105,000
Rent:$4,245.62
FF&E:$30,000
BUSINESS DESCRIPTION

West Valley Boba Tea Shop for Sale

Great opportunity to purchase a long-established (2014!) boba tea shop in a great location. The shop is located in a large, destination shopping center on main cross streets with easy access to two freeways. Business has a calm, peaceful atmosphere and has an extensive menu of boba tea and herbal tea options along with a simple food menu. Business has an installed 10ft hood and ansul fire suppression system creating opportunity for an expanded menu or concept change, if desired. There are six part-time employees and the Seller is active in the day-to-day operations of the business. The business has seen many consecutive years of "Best in City" Awards, Small Business Excellence Awards, and Spectrum Awards. Seller may be open to some seller financing for a well-qualified Buyer with a significant (50%+) downpayment.


DETAILED INFORMATION
Location
Maricopa County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
31/08/2029
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Open 7 days/week 11a-8p Special License Req'd: Food Safety
Support & Training
2 weeks
Reason for Selling
Other business interests
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Kyle
LeMay
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Kyle LeMay