Own a Stunning Newly Built Boba Tea Shop in Menlo Park!
RRC#: 4096
Asking Price: $120,000
Location: Menlo Park, California
Annual Revenue: $300,000
Annual Cash Flow: Contact For Info
Monthly Rent: $3,394
Expiration: 8/31/22
Listing Description:
Located in affluent Menlo Park along the busy El Camino Real, this Boba shop’s location is great. It is surrounded by long standing and wildly popular cafes, restaurants, and retail. The immediate area attracts the many kids and teenagers that attend the nearby schools, as well as business folks meeting for coffee and lunch during their workday.
This shop is a family-owned boba store committed to providing hand-crafted, fully customizable boba drinks with premium quality ingredients.
The space is newly built from scratch. A new owner will have the peace of mind that all electrical, plumbing, equipment and fixtures are new and going to last. The owners invested over $250,000 in the design, construction, and equipment!
This business is 100% absentee owned, so a new involved owner operator could benefit and profit within this space.
The space includes:
Full Equipment List provided upon request.
General Information:
Organization: LLC
Year Established: 2020
Current Owner: 2018
Employees: 12
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $23,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $300,000
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Facilities:
Square Feet: 800
Seating: 12 inside and 4-6 outside
Parking: Easy street and local lots
Days/Hours of Operation: 7 Days 11-7pm and 12-8pm
