Turnkey, Franchise Ready, well-established boba tea café located in a high-traffic Midtown Memphis area near the Liberty Bowl and surrounding residential, university, and event activity. The business offers a popular menu of boba tea, specialty chocolate desserts, and sandwiches, providing strong appeal throughout the day and consistent repeat customers.
The café operates from a fully built-out space featuring a modern interior with customer seating, service counter, prep and storage areas, and an outdoor patio used for seating and promotions. The layout is designed for efficient workflow and customer flow, allowing smooth daily operations. All furniture, fixtures, and equipment necessary to operate the business are included in the sale, making this a true turnkey opportunity for a new owner.
Annual gross revenue is approximately $200,000, with average monthly sales around $20,000. The business generates approximately $5,000 per month in net profit. Seller’s Discretionary Earnings (SDE) are strong when accounting for owner compensation and discretionary add-backs, making this an attractive opportunity for an owner-operator or investor seeking reliable cash flow with upside potential.
The business benefits from a stable customer base and consistent demand for specialty beverages, desserts, and quick-service food. The sandwich offerings provide an opportunity to capture lunch traffic, while the patio creates flexibility for events, promotions, and extended evening hours. A hands-on owner may further improve margins through labor efficiencies, marketing, and expanded operating strategies.
Additional growth opportunities include expanding delivery and pickup through third-party platforms, introducing seasonal boba and dessert offerings, increasing social media and local marketing efforts, and expanding catering and group orders. The business is also positioned to benefit from ongoing renovation and revitalization of the Liberty Bowl area, as well as anticipated nearby retail and shopping district development over the next several years, which may increase future foot traffic and visibility.
The lease includes approximately three years remaining with renewal options. Monthly rent is $3,200 plus landlord add-ons. All equipment is owned outright and in good working condition. Seller will provide 2–4 weeks of training and transition support, including operations, recipes, POS systems, vendor introductions, and staff transition, to ensure a smooth handover.
The owner has retired and is ready to transition the business to a new owner in order to pursue a more relaxed lifestyle. This is an excellent opportunity to acquire a fully operational boba tea café with established revenue, strong fundamentals, and meaningful growth potential.
Serious and financially qualified buyers are encouraged to inquire for additional details. Seller Financing Available.
Ad#:2410014
