#5945
San Mateo County

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

$168,000
Branded Boba tea and snacks shop for sale in Downtown San Mateo
This Listing is Expired

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 EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases 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

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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