Entire Nevada Franchise Territory and one operational Tea/Boba shop.

Las Vegas, NV (Clark County)

Seller Financing Available
Entire Nevada Franchise Territory and one operational Tea/Boba shop.
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Asking Price: $199,000

Cash Flow: $47,354

Gross Revenue: $282,963

EBITDA: N/A

FF&E: $45,000

Inventory: $20,000

Established: 2017

Entire Nevada Franchise Territory and one operational Tea/Boba shop.

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Business Description

Fantastic opportunity to purchase the ENTIRE franchise territory for the State of Nevada! This tea shop franchise has over 2500+ outlets in over 35 countries already. It is very successful model and is set to take over Nevada as one of the top Tea/Boba shop concepts. The sellers have gone through all the hard work of bringing this opportunity to Nevada and opening up the first store. This flagship store is on one of the most desirable streets for Asian concepts in Las Vegas. With this first store already in place, running and profitable in Las Vegas you have the training ground in place to open your next stores. Owner states there is a new contract in play for a second store in another hot new development. Family concerns are forcing this sale. Don't let this opportunity pass you by!! For additional information, please contact Listing Agent Kathleen Nichols at 702-461-9057 or kathleen@fcbb.com

Detailed Information

Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,156 square feet with a Total Rent of $4,625. Lease ends 09/2022 with a one 5 year lease option. Seller is active in the business with 3 FT employees and 6 PT employees. Hours of operation are 11 AM to 11 PM, Monday - Sunday. $20,000 in Inventory and $45,000 in FF&E included in Asking Price. $160,000 made in Leasehold Improvements. Assets include $170,000 Complete Nevada Territory for Franchise.
Financing:
$176,000 down, SCN for 24 months at 6%.
Support & Training:
2 Weeks at 30 hours per week.
Reason for Selling:
Caring for Family
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(from currently available funds)
 
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Kathleen Nichols

Business Listed By:
Kathleen Nichols

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Sponsoring Broker:
Jeff & Linda Nyman

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