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South San Diego County

  • Listing No.: 106-15196

  • Category: Food - Restaurant

Asking Price $89,000
Down Payment $89,000
Gross Revenue $192,000
Total Adjusted Net Income $48,000
Equipment/Fixtures $79,000
Year Established 2016
General Location South San Diego County
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Recently built from the ground up, this Boba Tea and Dessert Cafe has seen growing sales for the last 20 months.  Seller spent over $250k in leasehold improvements and new equipment.  Excellent opportunity to take over a growing business with expanding customer base.  The seller wants to pursue another business interest.  Can be kept as-is or converted into another concept. 

Gross Revenue $192,000 Listed Price $89,000
Total Income $48,000 Down Payment $89,000
Base Rent $0 Square Feet 900
Total Rent $2,025 Lease Expiration 8/2021
Rent Deposit $4,500 Lease Options 1, 5 year option
Inventory $0 Leasehold Improvements $69,000
Equipment/ Fixtures $79,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 9 Special License Required
Contract Staff 0 Reason for Selling Pursue Other Business Interest

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.