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#5361
San Mateo County

Branded Boba Tea franchise for sale in Downtown San Mateo

$150,000
In Escrow

Absentee run franchise boba tea business for sale in prime downtown San Mateo near restaurants, bars and cafes. This is a turnkey operation with with established name brand with training and recipe included
Yearly sales is about $300,000. Approximately 990 square feet with same size as basement. Lots of room in the basement to store
inventory or office use. Lease is $5722. Prospective Buyers are prohibited from discussing the sale with any employees. All site visits must be scheduled with Tommy Tran

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
San Mateo County
Lease Term:
There is 2 years remaining on lease
Total Monthly Rent:
$5,722

Operations

# of Part-Time Employees:
10
Hours Open:
Sunday- Monday 11:30- 9pm, Sat and Sunday 11:30 -10pm
Year Established:
2016

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
990+990 basement

Highlights

  • Branded Franchise

Financing

Will SBA Finance:
Yes
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

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 


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