Tacoma Mall, Bubble Tea - Glow Tea for Sale

Tacoma, WA
Asking Price:$258,000
Gross Revenue:$324,935
Rent:$8,200/Month
FF&E:$30,000
Cash Flow:$98,650
Inventory:$5,000
EBITDA:$98,650
Established Year:2018
BUSINESS DESCRIPTION

Great Location: Inside Tacoma's famous mall.

Overview:
An exceptional opportunity to acquire a well-established and thriving business strategically located in the heart of Tacoma Mall, one of the busiest shopping centers in the region.

Key Features:
Strategic Location: Nestled in a high-traffic area of Tacoma Mall and surrounded by top national and international brands, this location attracts a diverse clientele year-round.

Turnkey Operation: Fully equipped and operational, ready for immediate takeover to minimize downtime and ensure a smooth transition to new ownership.

Strong Customer Base: Enjoy a loyal customer base and an excellent reputation, built over years of dedicated service.

Growth Potential: Ample opportunities for growth and expansion, with the possibility to introduce new products or services.

Flexible Space: The premises' versatile layout allows easy adaptation to a variety of business models, from retail stores to specialty eateries.

Supportive Business Environment: Known for its supportive community and management, Tacoma Mall provides a conducive environment for businesses to flourish.

Financials:
Offered at competitive pricing for a quick sale, with detailed financial information and operational metrics available upon request for serious inquiries.

Reason for Sale:
The current owner is looking to explore new business ventures and seeks a motivated entrepreneur to take over this successful location.

Opportunity:
This is a rare chance to own a business in a prime shopping mall location with a proven track record of success and enhanced profit potential through additional delivery service operations. Whether you're looking to expand an existing business or start a new journey, this location offers the perfect foundation for success.

Interested parties are encouraged to act quickly, as opportunities like this are highly sought after and don't stay on the market for long.


DETAILED INFORMATION
Location
Tacoma, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
880
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Location: Situated in Tacoma Mall, offering high visibility and customer traffic. The space covers 880 saqft, near main entrances. Layout & Design: Modern interior with flexible space adaptable for various business models. Equipment: Includes professional kitchen appliances (if applicable), advanced POS system, and security setup. Additional Features: Offers DoorDash delivery through an additional brand, expanding revenue opportunities. Compliance: Fully licensed, meeting all local health and safety regulations.
Competition
As Washington's most popular bubble tea brand, GLOW TEA stands out with our iconic light bulb bottles, attracting a loyal customer base with refills at only $2.95. Our unique offering and exceptional customer service have earned us a strong following. With 4 locations, including a standout presence at the State Fair, we command significant popularity. Our focus on innovative experiences positions us well above competitors in the vibrant bubble tea market.
Growth & Expansion
The Tacoma Mall location, spanning 880 sqft, presents a significant growth opportunity. It's spacious enough to accommodate an additional brand for delivery, potentially boosting revenues by 20%-30%. This strategic move capitalizes on existing high foot traffic while diversifying the offering to meet more customer needs, setting the stage for substantial business expansion.
Support & Training
Our Bubble Tea business boasts simple operations with fully trained staff on-site. New staff can be fully trained in just two weeks, ensuring a smooth transition. We offer comprehensive support and training to the new owner, covering all aspects of operations to guarantee ongoing success.
Reason for Selling
The current owner is looking to explore new business ventures and seeks a motiva
Franchise
This business is an established franchise

BUSINESS LOCATION
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Jason Shen
Jason Shen