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
Contact Seller

Asking Price: $110,000

Cash Flow: N/A

Gross Revenue: $360,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3.51 /Month

Established: 2004

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

Save Print Share Valuation Report

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.

Detailed Information

Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
N/A
Employees:
6
Contact Seller

Contact the Seller

Contact Seller Loading

Phoebe Wang

Business Listed By:
Phoebe Wang

United Real Estate Pacific

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1593715 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Healthier4U Vending

Franchise Opportunity
Capital Required: $25,000