Absentee Tea & Dessert Shop in Fremont

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8667 - Food and Beverage

Location:
Northern California - East Bay

Absentee Tea & Dessert Shop in Fremont

Business Description:

This absentee run tea and dessert shop is located in a busy Asian shopping center in Fremont. Established in 2014, the business earned 4.5 stars on Yelp with hundreds of positive reviews. With the sate of the art equipment including large walk in freezer, the business is famous for using only the freshest and most authentic ingredients to make a variety of authentic drinks and dessert such as pearl milk tea, tofu pudding and smoothies, etc. An energetic full time new owner should be able to increase the sales by marketing campaign. Seller is motivated to sell in order to focus on day time job. Ref# 8667


Asking Price: $150,000


Inventory (included):
$2,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2018

$377,855
(Sales)

$53,650
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$391,454
(Sales)

$76,621
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$434,609
(Sales)

$75,255
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 1 10
Owners 0 0

Hours of Operation
Mon-Fri: 12-10, Sat-Sun 11-10

Licenses Required:

  • seller's permit
  • food handler
  • health permit

Lease

Monthly Rent Including NNN:
$5,014

Expires:
1/31/20

Option:
For 3 years

Size(sq.ft.):
1,067

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
focus on other job

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.