Tea Cafe or Conversion Space

Placer County, CA

Tea Cafe or Conversion Space
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Asking Price: $69,000

Cash Flow: N/A

Gross Revenue: $178,949

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $2,375 /Month

Established: N/A

*not included in asking price.

Tea Cafe or Conversion Space

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Business Description

Tea Cafe or Conversion Space in Nice Location

We are pleased to offer this turn-key Tea Shop & Café in a really nice location.
This Tea shop is located in a business hub with other popular restaurants, bars, entertainment venues and charming retail shops & boutiques nearby as well as plenty of parking.
The Shop offers a simple café style menu and has a nice selection of loose tea by the ounce for customers to buy in bulk or to enjoy in the café. In addition to the everyday walk up business, the Tea Shop offers formal tea sittings that are booked by reservation. The Shop also has a calendar of special tea events that are offered throughout the year including Valentine’s Day, Mother’s Day and during the Christmas season. These special tea events are very popular, with many clients returning year after year as part of their family traditions.
The Cafe has a separate annex party room that can be booked for private parties like children’s birthdays, baby showers, and business & civic meetings.
The Space is approx 2350sf and seating for about 60. There is a great Lease through Aug 2021 + 5yr Option. Rent is $2,357 per month - Only about $1 per sf and below market for the area!
The Space has a kitchen with a convection oven and all the equipment you need for baking and preparing a simple café type menu. There is a Type 1 Hood (no Ansul) in place. The sell includes an ABC Type 41 Beer & Wine license.
A recent change in family obligations has resulted in the decision to sell. There is opportunity for the next owner to grow the business in several different directions including adding online sales and doing more marketing to take better advantage of the large mailing list.
The space could also be considered for a cost-effective conversion for a new concept that could benefit from a location near entertainment venues, high occupancy offices and other restaurants and retail that bring in foot traffic.
Interested? Please request a Confidentiality Agreement/NDA form to get started.
Once we receive your Confidentiality Agreement, we will send you the Listing information sheet and the street address and other details.
This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity!

Detailed Information

Location:
Placer County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,350
Lease Expiration:
8/31/2021
Employees:
10 PT staff
Facilities:
Kitchen has a Type 1 Hood (No Ansul) and Convection Ovens. Space is approx 2350sf and seating for about 60. There is a great Lease through Aug 2021 + 5yr Option. Rent is $2,357 per month - Only about $1 per sf and below market for the area!
Competition:
Great area with a mix of entertainment venues, high occupancy offices, popular restaurants and retail. Plenty of Parking available too.
Growth & Expansion:
Could continue with the Tea Cafe concept or be considered for a Cost Effective Conversion with a below market Lease.
Support & Training:
Seller is offering 2 weeks @ 40hrs/wk Training and Transition time if the Tea Cafe concept is continued.
Reason for Selling:
Changes in Family needs
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Contact the Seller

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Tricia Bernhardt

Business Listed By:
Tricia Bernhardt

Restaurant eXchange

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

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