#5766
San Jose Metro

Prime bustling Branded Boba Tea shop for sale in San Jose Mall

$1,500,000
Available
Prime bustling Branded Boba Tea shop for sale in San Jose Mall



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Off Market- Super high volume branded Boba tea for sale in this prime, bustling San Jose mall. The most authentic Boba Tea brand from Taiwan! Always a long line but worth the wait. Their Tea is made from high quality tea leaves and selected ingredients shipped directly from Taiwan. Gross income a year is $1,400,000. Approximately 875 sq ft  with some seating inside. Lease amount is $24,000 a month all inclusive. Buyer will need to demonstrate strong financials along with business experience to landlord for review. Inventory is separate and is calculated at the close of escrow. Please call for a private showing. Buyer must sign NDA

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

Lease

Region:
San Jose Metro
Lease Term:
There is 3 years left on lease
Total Monthly Rent:
$24,000
Security Deposit:
$50,000

Financials

Last Year's Annual Gross:
$1,400,000

Operations

# of Full-Time Employees:
5
# of Part-Time Employees:
10
# of Working Owners:
2
Hours Open:
open 7 days a week from 10-9pm
Sunday 10-7pm
Year Established:
2017

Facilities

# of Parking Spots:
shopping center
Inside Sq. Ft.:
875

Highlights

  • one of High Volume store in Bay area

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,685 260,398 504,374
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,446 96,810 183,677
2010 Persons Per Household 2.52 2.52 2.61
Median House Value $572,200 $622,312 $623,566
Income Per Household $66,533 $77,107 $82,492
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,184 9,348 15,349
2012 Number Of Employees 47,680 317,552 487,784
2012 Total Annual Payroll $1,178,787,000 $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. RestaurantForSales.com and Realty One Group Infinity 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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