#5963
San Mateo County

Cute coffee and boba tea shop for sale near Downtown San Mateo

$88,000
In Escrow
Cute coffee and boba tea shop for sale near Downtown San Mateo



ADD TO FAVORITE

Cute coffee and Boba tea for sale shop just minutes to Downtown San Mateo. Located outside of the main downtown area in San Mateo. They also serve desserts in addition to some baked goods. Approximately 700 sq ft with shared restroom inside the garage. Lease amount is $2370.00 with Landlord pays water and garbage. Available parking is on the street. Name, menu and recipe are not included. Soem of the equipment included are hand sink, 3-compartment sink , espresso machine, ice machine, inductor cooker, fructose dispenser, 3-door under the counter refrigerator, 2-door refrigerator, 2-door under the counter prep table, small oven, display cooler and more. Can convert

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 1.5 year left plus 5 yr option
Total Monthly Rent:
$2,370

Operations

# of Working Owners:
2
Hours Open:
Tuesday - Sunday 12-6pm
Closed Monday
Year Established:
2019

Facilities

Indoor Seating:
24
# of Parking Spots:
street parking
Inside Sq. Ft.:
700

Highlights

  • Can convert
  • got lots growth potential
  • clean and well maintained

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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