Established bubble tea operation in prime Framingham location with significant expansion potential. Located in a busy shopping plaza on Route 9 with high foot traffic from nearby apartments and university within walking distance.
Business Overview:
This 74-seat restaurant has been operating since 2020, generating $480,000 in annual revenue. Currently operated as primarily takeout through Door Dash ($70,000 in commissions 2024) with minimal marketing efforts, presenting immediate opportunities for revenue growth through enhanced marketing and operational improvements.
Key Features:
- 2,680 sq ft Board of Health approved kitchen
- Built-in bar ready for alcohol licensing
- Established customer base with year-over-year sales growth
- Prime Route 9 location in high-traffic shopping plaza
Growth Opportunities:
- Add beer, wine, or full alcohol license to increase revenue per customer
- Expand outdoor seating area as permitted by lease
- Transition from takeout-focused to full-service dining
- Implement stronger marketing strategies to capture local market
- Optimize cost of goods sold for improved profitability
- Leverage proximity to university and residential areas
Financial Details:
- Annual Revenue: $480,000 (2023)
- Monthly Lease: $4,530
- Lease Term: Through November 30, 2026
- Landlord open to new 5-10 year lease with qualified operator
Included in Sale:
- All inventory
- Recipes for menu items and bubble tea drinks
- Limited training from current owner and chef
Information regarding business for sale is provided by seller and other sources is not verified in any way by MetroWest Commercial Real Estate or it’s salesperson, and has no knowledge of accuracy of said information and makes no warranty, express or implied, as to the accuracy of such information Buyer to do his own due diligence
Ad#:2403262