Business To Buy

Specialty Dessert, Milk Tea and Cafe Shop - Semi-Absentee - Hacienda Heights Area

San Gabriel Valley, California
This well-known, beautifully laid-out dessert shop specializes in fresh fruit sweets along with signature milk teas, organic drinks, as well as snacks and café. It is on the top 3 list, the most popular, with its delivery/takeout platforms, such as Uber Eats. Success has made it very famous in the area since its inception. Employees are well trained according to their established food processing procedure. The average sales for the past two years were about $252k with a gross profit margin of nearly 80%. After hit by the pandemic, it is well poised to come back strong under new ownership. The shop is located on a high traffic street with easy access and ample parking. The only reason for the sale is owner was burned out.

Business Highlights:

Prime location with high traffic
Upscale premises of 1,500 sq ft with a reduced rent of $3,500 through the end of 2021
Lease is good through 2024
Newly renovated with some newer equipment
Approximately $30,000 worth of FF&E included in the selling price
Partnership with 3 delivery/takeout Apps
Highly recognized business name with strong (around 4.3 stars) social ratings
Services of dining-in, takeout and platform delivery
Systemized food processing procedure
Low food cost
Semi-absentee run, manageable and scalable
Tremendous opportunities for new owner to grow
Business name and menu are included in the selling price

Disclaimer: The information herein has been supplied to Broker by the Seller. Broker believes the information to be correct but has not verified the information and makes no representation as to its accuracy, completeness or reliability. Broker and its agent Expressly Disclaim any and all liability for the representation of the warranties, express or implied, contained in such information or for omission from them. It is buyer’s responsibility, with the aid of appropriate professionals, if necessary, to perform independent due diligence to verify all the information prior to purchasing the Business.

For more information, please contact Iris Chen at (626) 506-0300 or email her at iris.chen@sunbeltnetwork.com.

Financials

Price: $119,000
Gross Income: $252,000
Cash Flow: $0
FFE: $30,000
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #1839-IC
Year Established: 0
Financing:
Training: 2 weeks @ 20 hours per week
Facilities:
Competition:
Growth:
Business Listed By
Name:
Company: Sunbelt Business Brokers Pasadena
Phone: 626-395-0717

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