Located in affluent Menlo Park along the busy El Camino Real, this Boba shop's location is great. It is surrounded by longstanding 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 Info

  • OrganizationLLC
  • Established2020
  • Current Owner2018
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating12 inside and 4-6 outside
  • Square Feet800
  • ParkingEasy street and local lots
  • LicensesHealth & Business
  • Open Hours7 Days 11-7pm and 12-8pm

Lease

  • Rent$3,394
  • Expiration8/31/22
  • Yearly Increase3%
  • Option1 4-year option
  • Deposit$3,600

Financials

  • Monthly Revenue$23,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$300,000
  • Annual Cash FlowContact For Info
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location