Turn Key & Profitable Boba Tea / Gourmet Dessert Shop in Walnut Creek

Walnut Creek, CA (Contra Costa County)

Store front
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Asking Price: Get Financing: $165,000

Cash Flow: $45,966

Gross Revenue: $387,011

EBITDA: $45,966

FF&E: $70,000

Inventory: $3,000

Lease Rate: $3,825 /Month

Established: 2014

Turn Key & Profitable Boba Tea / Gourmet Dessert Shop in Walnut Creek

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Business Description

Boba/Milk Tea, Milk Shave Ice and Specialty Gourmet Crafted Dessert

Turn Key and Profitable Boba/Milk Tea, Milk Shave Ice, and Gourmet Craft Dessert & Ice-Cream Shop in Excellent Walnut Creek Location;Ice Monster has been well-established since 2014 with excellent Yelp/other Online Reviews. Shop offers Boba Tea and Unique Crafted Dessert such as its renowed Milk Shave Ice, Brick Toast, and Ice-Cream Bread House not found in other Boba Shops. Shop is attractively decorated and offers indoor and outdoor patio seating. Prime Location in Nationally Recognized Retail Chains Anchored Citrus Market Place Shopping Center. Shopping center is anchored with Nob Hill Foods, Bev Mo, Chase Bank, and other franchised restaurants and services. Shop is highly visible and offers ample customer parking. Surrounding offers high auto as well as foot traffic from nearby business parks, Kaiser, and public/private schools. Don't Miss This Rare Opportunity to Jump into a well-established business with strong customer base. Monthly Gross Revenue Approximately $34,000 with Tremendous Growth Potential and annual SDE of $45,000 to $60,000.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
4/30/2022
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in the highly visible, national chains anchored Citrus Market Place Shopping Center. Anchored by Nob Hill Foods, Bev Mo, and Chase Bank. The shopping center draws from high income neighborhood residential population as well as work force from numerous nearby business parks, Kasier, and public/private schools. The Shop is 1,200 sf with modern decor and offers indoor and outdoor seating. Sale would include leasehold improvements, furniture/fixtures, kitchen equipment, refrigeration, and all cookware/equipment necessary for operations.
Competition:
Walnut Creek consist of strong income residential neighborhoods and workforce population from nearby numerous business parks, Kaiser, and public/private schools. Ice Monster is uniquely position in an area with strong demand for its dessert and beverages without any nearby competition.
Growth & Expansion:
Ice Monster drinks and desserts are unique amongst Asian inspired desserts and drinks offering not only boba/milk tea but crafted desserts that have received strong following in the local area. The unique and proprietary drinks and desserts recipes provide for business expansion based on its products.
Support & Training:
Owner will offer training and receipes for all items on the menu.
Reason for Selling:
Owners are retiring
Business Website:
http://yelp.com/biz/ice-monster-walnut-creek
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Business Listed By:
steven wang

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