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#6863
San Mateo County

Branded Boba tea shop for sale in Downtown San Mateo

$370,000
Available
Branded Boba tea shop for sale in Downtown San Mateo



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Franchise boba tea shop for sale in prime downtown San Mateo. An award-winning dining destination and unique urban district in the heart of the Peninsula. Surrounded by unique shops, acclaimed restaurants, and historic architecture. Lease amount is $7400 included NNN. There is kitchen in back with 6 feet type 1 hood and large basement around 990 square feet plus retail floor of 990 square feet.

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 1 yr left + 5 yr option on lease
Total Monthly Rent:
$7,400

Financials

Last Year's Annual Gross:
$600,000

Operations

Hood System Type 1:
Yes

Facilities

Indoor Seating:
10
Inside Sq. Ft.:
990

Highlights

  • ASSET SALE

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,844 144,370 240,889
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,795 54,392 91,509
2010 Persons Per Household 2.63 2.52 2.50
Median House Value $570,500 $826,362 $835,294
Income Per Household $69,832 $94,422 $99,772
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,051 5,215 7,955
2012 Number Of Employees 22,002 177,132 314,092
2012 Total Annual Payroll $591,164,000 $4,294,967,295 $4,294,967,295

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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.


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