Business that is currently a Boba concept for sale on bustling, affluent Burlingame Avenue. The shop is surrounded by high-end retail, cafes, and restaurants. It is close to the train station, and there are schools nearby. The business concept is not included in the sale, so a new owner could take over with their own Boba concept, or bring another quick-serve concept to the space. Currently, the business is 100% absentee run. The space is newly renovated, and the equipment, fixtures, and furniture have been recently upgraded - including electrical and plumbing. A full equipment list can be provided upon request. The sales information below represents the last full year of 2020. There is currently no type 1 hood.

General Info

  • OrganizationLLC
  • Established2019
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating12+ Inside
  • Square Feet785
  • ParkingMetered Street and Public Parking Lot
  • LicensesBusiness and Heath Permit
  • Open Hours12pm - 8pm Daily

Lease

  • Rent$6,888
  • Expiration2026
  • Yearly Increase3% Yearly Increases
  • OptionNegotiable
  • Deposit$5,500

Financials

  • Monthly Revenue$52,565
  • Monthly Cash FlowContact For Info
  • Annual Revenue$630,785
  • Annual Cash FlowContact For Info
  • Payroll$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