#5658
Alameda County

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

$250,000
Sold
Absentee run Boba tea and snack restaurant for sale near UC Berkeley
This Listing is Sold
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.
Commercial 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.:
2,247

Highlights

  • Must do Feng Cha Teahouse brand

Financing

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

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

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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