Milk Tea with Full Kitchen-Owner Absentee
Asking Price: | $350,000 |
Gross Revenue: | $635,520 |
Cash Flow: | $171,363 |
Owner Absentee Franchise Boba Tea shop with full kitchen. It was well established in 2016. Seller claims average monthly revenue $52,960, SDE operating net income $14,280 per month for Jan. to Oct. 2024.
This is a healthy and clean Franchise Milk Tea shop with a full kitchen. Installed 2 Self-Kiosk, A/C split in Kitchen. There is an electrical room to be storage room.
Franchise Transfer fee is $5,000. Royalty fee is $600 per month to be paid one time per year no matter how much your gross sale.
New owner either do the same concept as the current owner does, or convert into other concepts based on landlord approval.
Gross sales, Jan to Oct. 2024: $529,600
SDE Net Income, Jan to Oct. 2024: $142,803
Size: 1350sf
Rent $4,225 including NNN and water
Lease: expired in April 2026
Seats inside: 25
Employees: 11 PT
Hood: 8-10 ft
Grease Trap: inside
2 Self Kiosk
2 A/C split in kitchen
One Bathroom inside
Open hours: 11:00pm to 11:00pm, 7 days
If you are interested, contact with me for details.
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