15 Years Established Tea Shop 1,700sf for Sale in West Covina

West Covina, CA (Los Angeles County)

15 Years Established Tea Shop 1,700sf for Sale in West Covina
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Asking Price: $110,000

Cash Flow: N/A

Gross Revenue: $360,000



Inventory: N/A

Rent: $3.51 /Month

Established: 2004

15 Years Established Tea Shop 1,700sf for Sale in West Covina

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Business Description

coffee shop, tea shop, cafe, dessert, west covina

This is a 15 years established Franchise tea shop for sale in a big plaza on Glendora Ave in West Covina. If you want to keep the franchise, you need to pay to the company for training. You can use your own brand to run the shop but seller won't train and needs to take the franchise items from the shop back before escrow closed. This is a stable business. 2 full time employees (Seller works as full timer) and 5 part time employees. They open 7 days a week from 11am to 11pm. Yearly gross is about $360,000. Net is about $96,000. Seller bought this business about 2 years ago. He is going to move to a new home and he can no longer take care of the business.

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Phoebe Wang

Business Listed By:
Phoebe Wang

United Real Estate Pacific

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