#5361
San Mateo County

Branded Boba Tea franchise for sale in Downtown San Mateo

$125,000
Sold
Branded Boba Tea franchise for sale in Downtown San Mateo
This Listing is Sold

Absentee run franchise boba tea business for sale in prime downtown San Mateo near restaurants, bars and cafes. This is a turnkey operation with with established name brand with training and recipe included
Yearly sales is about $300,000. Approximately 990 square feet with same size as basement. Lots of room in the basement to store
inventory or office use. Lease is $5722. Prospective Buyers are prohibited from discussing the sale with any employees. All site visits must be scheduled with Tommy Tran

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 2 years remaining on lease
Total Monthly Rent:
$6,158

Operations

# of Part-Time Employees:
10
Hours Open:
Sunday- Monday 11:30- 9pm, Sat and Sunday 11:30 -10pm
Year Established:
2016

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
990+990 basement

Highlights

  • Branded Franchise

Financing

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

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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