#6385
Alameda County

Absentee run branded Boba tea and snack shop for sale near UC Berkeley

$229,000
In Contract

Absentee run Taiwanese boba shop for sale near UC Berkeley campus. One of the best boba shop near UC Berkeley campus according to students and Yelpers. There usually is a long line or queue of folks there, students are bypassing the line by downloading Snackpass to do an online order. They are known for their texture and chewiness of boba pearls. Gross income from last was $483,000. Approximately 1100 sq ft with large 2000 sq ft basement for storage. Can seat 30 people inside. Lease amount is $4522 which cover water, garbage and CAM. Some of the equipment include sugar dispenser, powder dispenser, auto fry machine, ice machine, 2-door freezer, 2-door refrigerator, 2-door under the counter refrigerator + prep, shaker machine, hot water machine, induction cooktop, sealing machine and more

This is a EXP Commercial of California, Inc listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:

Alameda County

Lease Term:

There is 3 years left on lease

Total Monthly Rent:

$4,522

Financials

Last Year's Annual Gross:

$483,000

Operations

# of Part-Time Employees:

Year Established:

8 years

Facilities

Indoor Seating:

# of Parking Spots:

street

Inside Sq. Ft.:

1,100

Highlights

can convert
no hood

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	29,342	166,694	325,317
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	14,342	73,179	143,285
2010 Persons Per Household	2.02	2.20	2.15
Median House Value	$662,669	$672,541	$647,183
Income Per Household	$40,583	$75,710	$78,711
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,269	5,489	10,828
2012 Number Of Employees	27,770	124,948	292,660
2012 Total Annual Payroll	$554,887,000	$3,282,671,000	$4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.