This business offering is for a 3-year established and profitable boba tea shop located in a prominent and high traffic location with a robust online order market as well. The new owner can take advantage of a business that is already profitable without the start up costs and negative months to establish a client base. The offering price is $130,000, which results in a 58.5% cap rate. The sale includes the business entity, which has no debts, and all trade fixtures and personal property in the store to execute the business. Additionally, the buyer will assume all employees, payroll and a current lease for the commercial space. The current owner is offering to assist and train the new owner on business operations. The business is a franchise of Sunright Tea Studio (Franchisor), however Sunright Tea Studio will not transfer the franchise agreement. Buyers would need to rebrand the the business and source items provided by the franchisor, which the current owner will assist if needed.
MLS #
ME224130172
MLS Source
MetroList Services, Inc.
Days on Site
15
Parking Spaces
0
Utilities
Other, Water - Public
Flooring
Tile
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Other
Sewer
Public Sewer
Zoning
C-2PD
Address Is Not Disclosed is a Business Opportunity in Folsom, CA 95630. This 0 square foot property sits on a 0.638 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $130,000 and was built in –.
This address can also be written as Address Is Not Disclosed, Folsom, CA 95630.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of December 06, 2024. For the most current information, please contact Jonathan Barnato, (916) 202-4602