#5658
Alameda County

Absentee run Boba tea and snack restaurant for sale near UC Berkeley

$250,000
Available
Absentee run Boba tea and snack restaurant for sale near UC Berkeley



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Off market- Super high volume branded Boba tea and snacks restaurant for sale near UC Berkeley campus. Monthly gross income is $105,000. This business is run by itself with an absentee run owner. Some of the equipment included are 15 feet type 1 hood and 6 feet type 1 hood, 2 small mixer, large prep table, walk in cooler, walk in freezer, water boiler, ice machine, espresso machine, 2-door oven, 2-door under the counter prep table, 3 deep fryer and more. Approximately 2247 square feet with 49 seating capacity. Lease amount is $15,796. Buyer must do this brand. Cannot convert into another concept. Owner operated preferred and training will be provided
This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Alameda County
Lease Term:
There is 6 years left plus 10 yr option on lease
Total Monthly Rent:
$15,796
Security Deposit:
$40,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
22
Hours Open:
open every day from 11 - 11pm
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
street parking
Inside Sq. Ft.:
2247

Highlights

  • Must do Feng Cha Teahouse brand

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 32,102 216,358 325,317
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,871 93,945 143,285
2010 Persons Per Household 2.11 2.22 2.15
Median House Value $759,687 $722,423 $647,183
Income Per Household $55,531 $87,525 $78,711
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,521 6,015 10,828
2012 Number Of Employees 34,058 123,000 292,660
2012 Total Annual Payroll $811,545,000 $3,362,328,000 $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. 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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