Dessert Drink with Rice & Noodle shop-No Competition

Alameda County, CA

Dessert Drink with Rice & Noodle shop-No Competition
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Asking Price: $360,000

Cash Flow: $288,000

Gross Revenue: $576,000



Inventory: N/A

Established: N/A

Dessert Drink with Rice & Noodle shop-No Competition

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Business Description

A beautiful dessert place located next to a very popular shopping mall. The landlord doesn't allow anymore food business added in the same plaza. There will be no more competition in that area. Seller invested about $500,000 to start the business a year ago. Seller claims revenue about $576,000, net income about $288,000.

This is an elegant dessert place. They serve popular dishes, like mango sago, golden pearl, water chestnut soup, pumpkin soup, Rice and Noodle etc. All the customers are very happy and enjoy the food here.

Seller created all the items on the menu and will be fully transferred to the new owner if the new owner wants to do the same concept. Seller said food cost is very low, only about 10% of gross income. New owner can add more food items or convert to a noodle business or other type of food since there is a lot of demands.

1,400 sq. ft.Base Rent: $6,141. Lease will be expired in 2023, another 5 year option. 4 employees, 2 full-time and 2 part-time, plus working owner.

Open 12:00pm to 10:00pm, 7 days a week.

A lot of potentials to grow this business, seller has little kids and nobody help. He doesn't have time to run this business.

If you are interested and serious, contact me.

Detailed Information

Alameda County, CA
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shifang Sun

Business Listed By:
shifang Sun

Alliance Bay Realty

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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