#5557
Contra Costa County

High Volume Branded Boba Tea shop in San Ramon Shopping center

$299,000
In Contract
High Volume Branded Boba Tea shop in San Ramon Shopping center



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Absentee run Branded Boba tea shop in shopping center near Starbucks, Subway and other restaurants nearby. This location generated over $500,000 in sales. They got great reviews about their high quality tea and baristas are friendly and efficient with their service. Approximately 998 sq ft with plenty of parking on plaza. Lease amount is $5885.58 which cover water and garbage

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

Lease

Region:
Contra Costa County
Lease Term:
There are 1 year left + 5 year option on lease
Total Monthly Rent:
$5,886

Financials

Last Year's Annual Gross:
$500,000

Operations

Hours Open:
Fully staff

Facilities

# of Parking Spots:
shopping plaza
Inside Sq. Ft.:
998

Highlights

  • Best Boba tea in town

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 36,876 111,868
Households 3-mi. 5-mi
2010 Number Of Households 12,742 37,433
2010 Persons Per Household 2.73 2.78
Median House Value $641,500 $739,296
Income Per Household $119,623 $127,291
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,899 3,329
2012 Number Of Employees 82,644 104,074
2012 Total Annual Payroll $3,574,705,000 $4,047,274,000

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept 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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