#6377
Santa Clara County

Absentee run branded Boba tea and snack shop for sale in Milpitas

$370,000
Sold
Absentee run branded Boba tea and snack shop for sale in Milpitas
This Listing is Sold

Absentee run Branded Boba tea and snack shop for sale in Milpitas shopping center. Minutes away from highway 237 and 880 and high tech companies Cisco system, AMAZON warehouse. The decor is minimalist and elegant. The brewing and music aren't too loud and it's really clean inside with plenty of seating and ample parking. The store averaged $1,100,000 a year in sales last year. Approximately 1500 sq ft with less than 49 seating. Lease amount is $7895.00 all inclusive. The rent covers CAM, property tax and garbage. There is full kitchen with 10 feet type 1 hood with fire suppression system, tankless water heater, ice machine, deep fryer, 3-door freezer, 2-door vulcan oven, 2 burner stove, 3-door refrigerator, hot water machine, plus another 3-door refrigerator, AC system, ice bin, grease trap and much more

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is 7.5 years left on lease
Total Monthly Rent:
$7,895

Financials

Last Year's Annual Gross:
$1,100,000

Operations

# of Part-Time Employees:
16
Hours Open:
open everyday
Year Established:
2021
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
plaza
Inside Sq. Ft.:
1,500

Highlights

  • ADA compliant restroom

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 71,405 112,997 202,754
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,241 30,854 53,960
2010 Persons Per Household 3.34 3.39 3.53
Median House Value $513,400 $533,951 $488,820
Income Per Household $95,437 $95,347 $83,571
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,080 2,445 3,330
2012 Number Of Employees 97,794 103,618 128,012
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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