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#6385
Alameda County

Absentee run branded Boba tea and snack shop for sale near UC Berkeley

$229,000
Sold
Absentee run branded Boba tea and snack shop for sale near UC Berkeley
This Listing is Sold

Absentee run Taiwanese boba shop for sale near UC Berkeley campus. One of the best boba shop near UC Berkeley campus according to students and Yelpers. There usually is a long line or queue of folks there, students are bypassing the line by downloading Snackpass to do an online order. They are known for their texture and chewiness of boba pearls. Gross income from last was $483,000. Approximately 1100 sq ft with large storage in basement. Can seat 30 people inside. Lease amount is $5000 which cover water, garbage and CAM. Some of the equipment include sugar dispenser, powder dispenser, auto fry machine, ice machine, 2-door freezer, 2-door refrigerator, 2-door under the counter refrigerator + prep, shaker machine, hot water machine, induction cooktop, sealing machine and more

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Alameda County
Lease Term:
There is 3 years left on lease
Total Monthly Rent:
$5,000

Financials

Last Year's Annual Gross:
$450,000

Operations

# of Part-Time Employees:
15
Year Established:
8 years

Facilities

Indoor Seating:
30
# of Parking Spots:
street
Inside Sq. Ft.:
1,100

Highlights

  • can convert
  • no hood

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 29,342 166,694 325,317
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,342 73,179 143,285
2010 Persons Per Household 2.02 2.20 2.15
Median House Value $662,669 $672,541 $647,183
Income Per Household $40,583 $75,710 $78,711
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,269 5,489 10,828
2012 Number Of Employees 27,770 124,948 292,660
2012 Total Annual Payroll $554,887,000 $3,282,671,000 $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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