Second generation restaurant space perfect for concept conversion.
Description:
Well-known international Boba tea franchise, offering a variety of premium tea-based drinks. The shop sits in a busy neighborhood retail area , a long-standing local shopping district that serves nearby residential neighborhoods. This center is anchored by Supermarket, which draws regular foot traffic with its wide selection of groceries and food stalls, and also includes national tenants, and other small retailers. The surrounding neighborhood is a mixed residential and commercial area of Union City with busy shopping activity and a diverse community. Nearby, you’ll also find larger retail Shopping Center, with national chains, restaurants, and entertainment options just a short drive away. The buyer has an option to carry on with the current concept or convert it to a different food concept.
The sellers plan to exit the food industry and are willing to work with the new owner to ensure a smooth transition. The following cuisines are restricted for concept conversion: Chinese, Filipino, Mediterranean, Fried chicken, Bakery, and Vietnamese.
Equipment Included: Type-1 Hood, 4 Burner Gas Range Stove, Prep Tables, Freezer, 2 door upright refrigerator, Microwave, Ice maker, All Tables and Chairs, and much more. A complete list of equipment is available with the Listing Broker.
General Information:
Organization: LLC | Square Footage: 1,000 Sq. Ft. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit | Seating Capacity: 12 | Hours: Sun-Thu 12pm–8pm, Sat-Sun 12pm – 9pm | Reason for Sale: Other Business Interests |
Lease Information:
Rent: $3,292/m including NNN
Lease: Seller’s lease expiring on 12/31/2031. Additional lease option possible subject to Landlord approval.
Revenue: N/A – Asset Sale.
Financing: All Cash
All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
Ad#:2467929
