Milk Tea Store
Newly built brand name milk tea store in high traffic location in the city of Berkeley. Established and experienced team of supervisors and barristas are in place ready to serve their high quality and freshly made drinks. Huge potential and high investments made in terms of leasehold improvements make this a bargain. Make it yours before someone does!
This is a leased location of 909 square feet with a Total monthly rent of $5,703.98. Lease ends 10/31 with 1 option. Seller is active with 8PT employees. Hours of operation are 11:00-9:00pm Sunday-Thursday, 11:00-10:00pm Friday and Saturday. $3,000 in inventory and $100,000 in FF&E included in the asking price. $400,000 made in leasehold improvements.
Financials (USD)
Asking Price $150,000
Cash Flow Not Disclosed
Sales $412,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Yes
Management will stay? Yes
Relocatable? No
Real Estate? No
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