#5945
San Mateo County

Branded Boba tea and snacks shop for sale in Downtown San Mateo

$168,000
Available
Branded Boba tea and snacks shop for sale in Downtown San Mateo



ADD TO FAVORITE

Branded Boba tea and snacks shop for sale in prime Downtown San Mateo near restaurants, coffee shop and large Asian supermarket. Continue the same concept or convert into another boba tea or different concepts. Approximately 1600 sq ft with 30 seating inside. There is storage area on second floor. Lease amount is $5430 with long term lease in place. Some of the equipments included are 3-door freezer, fry machine, 2-door refrigerator,ice machine ,hot water bun tea machine, espresso machine and more. There is no kitchen hood

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 3.5 year left plus 5 yr option
Total Monthly Rent:
$5,430

Operations

# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
Open everyday from 12-10pm
Year Established:
5 year

Facilities

Indoor Seating:
30
# of Parking Spots:
street parking
Inside Sq. Ft.:
1,600

Highlights

  • Can convert
  • got lots growth potential
  • Prime location near restaurants, Cafe

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,844 144,370 240,889
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,795 54,392 91,509
2010 Persons Per Household 2.63 2.52 2.50
Median House Value $570,500 $826,362 $835,294
Income Per Household $69,832 $94,422 $99,772
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,051 5,215 7,955
2012 Number Of Employees 22,002 177,132 314,092
2012 Total Annual Payroll $591,164,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. EXP Commercial of California, Inc  its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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