Voted Best Coffee/tea House In Pittsburgh

Pittsburgh, PA (Allegheny County)

Voted Best Coffee/tea House In Pittsburgh
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Asking Price: Get Financing: $150,000

Cash Flow: $75,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2015

Voted Best Coffee/tea House In Pittsburgh

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Business Description

VOTED BEST COFFEE/TEA HOUSE IN PITTSBURGH

This lovely tea room comes absolutely turnkey, complete with table linens, tea pots, dishes, glassware plus all food related accouterments. Totally up to code - triple sink, dishwasher, stainless steel prep table, refrigerators, chest freezer, ice machine and utility sink.

This very popular tea room is located in a high traffic area of the Historic Deutschltown in Pittsburgh. Patrons enjoy a wide variety of teas, light lunches and salads. The carefully crafted menu, extensive tea and pastry selections, impeccable service, and modern yet cozy atmosphere, brings the best of tea etiquette to the afternoon tea experience. Each menu item is based on the freshest ingredients available, and they make sure to offer their favorites that their patrons have grown accustomed to: delicious scones; freshly prepared finger sandwiches, and a full array of delectable pastries served alongside jams and preserves.

The business was established in 2015. It has been a very popular destination for those enjoying the ambiance of a traditional tea house. The business specializes in elegant tea parties designed for baby showers, bridal showers and birthday parties. The team is eager to assist whether guests want to meet with a group of friends, plan a special event, or enjoy a quiet moment with just one.

There are expansion opportunities to franchise the business model and/or open further locations now the ground work has been completed.

A tea emporium can easily be established for retail sales providing a perfect gift idea and impulse purchases and includes a range of own brand loose leaf teas, jams and scone mixes as well as British branded items and tea accessories.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
6
Competition:
The rising awareness of the several health benefits associated with tea will have a positive impact on the global tea market. Tea comprises bioactive compounds such as proteins, caffeine, amino acids, xanthines, and flavonoids. Polyphenols and flavonoids account for more than one-third the weight of tea leaves, and the majority of the health benefits of tea is attributed to tea flavonoids. Moreover, tea contains antioxidants which help in decreasing the damaging effects of aging and pollution and also aids in reducing the risk of stroke and heart attack by keeping the arteries clog-free. Furthermore, tea contains tannins and fluorides that help in keeping plaque at bay. Therefore, the extensive health benefits of tea, especially its role in protecting against cancer and controlling diabetes and obesity in people will propel the growth prospects of this market over the next several years.
Growth & Expansion:
There are expansion opportunities to license the business model and/or open further locations now the ground work has been completed. A tea emporium can easily be established for retail sales providing a perfect gift idea and impulse purchases and includes a range of own brand loose leaf teas, jams and scone mixes as well as British branded items and tea accessories.
Reason for Selling:
Retiring
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Contact the Seller

(from currently available funds)
 
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Laura Yutzy

Business Listed By:
Laura Yutzy

SOFRANKO ADVISORY GROUP, LLC

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Sponsoring Broker:
Ronald A. Sofranko, Principal


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