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Listing Number: 3895
Turnkey Boba Tea and Dessert Bar
Established in 2018, this Boba tea café proudly claims its status as the original local Boba tea haven, serving top-notch, unique specialty Boba beverages, iced coffee, ice cream and other desserts The beverage café is in a busy strip mall within walking distance of a University student housing apartment complex. It is easy to manage with an simple menu, a full time manager on site and fully trained part time employees.
- Category: Other Eating & Drinking Places
- Asking Price: $130,000
- Gross Sales: $227,550
- Cash Flow: $86,990
- County: South Palm Beach
- Area: 586
- FFE: $ 38,000
- Inventory: $1,000
- Real Estate: $0
- Employees: 1 - Full-Time 5 - Part-Time
- Facilities: Strip Mall
- Relocatable? No
- Home Based? No
- Market Notes: Located in a strip mall with other small cafes, restaurants, body building facilities, a music store and specialty food shops, there is steady foot traffic. Since it is adjacent to a busy street and located within several hundred feet of a university student apartment housing complex with a connecting walking path, there is ample opportunity for walk in traffic. This is one of only a few Boba cafes in the Boca Raton area, and the only within within the local neighborhood.
- Growth Notes: A large restaurant in the mall recently closed which negatively affected sales. Another similar restaurant is being built out in the same space and once completed should again bring in additional patrons and increase revenues back up to the prior two years' sales. The owner has expanded offerings with ice cream, tapioca and specialty matcha drinks. There is a robust web site presence which keeps interest by having small contests and give-a-ways. Boba teas will always remain a fun and exciting drink/dessert option.
- Support Training: 2 weeks no cost
- Year Established: 2018
- Financing Terms: No
- Reason for Selling: Other Interests
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? No
- Is FEE Included? Yes