Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#4957
Pasadena - Covina - San Gabriel Valley

Fine Tea Room

$30,000
Sold
Fine Tea Room
This Listing is Sold

Name and Address are available with a simple click. Just select the button to the left titled "Want Name/Address."

Nestled in the hills of the San Gabriel Valley this Fine Tea Room sits serving some of the Best Teas from around the World. Teas are imported from China, India, Japan, Taiwan and Sri Lanka. The Owner grew up growing, picking and brewing traditional teas in her home. She helped her grandfather run a tea room in their local town as well. This developed into a Love for fine teas she set out to share this experience with the local neighborhood as well as those tea lovers that come from miles around. to enjoy some of the rare teas they carry here.

They also offer some very enticing sandwiches that accompany a nice cup of tea and bakery treats such as scones and muffins to take care of that sweet tooth and complement your tea choice. 

The comfortable furnishings make this a great place to come and relax as you learn about the art of tea brewing. They offer tastings where a group can come in and taste many varieties of great teas. Then when you find that tea that just fills that craving you can buy teas to take home to brew and enjoy everyday.

This Beautiful Village Area where this business is located is in a prime area with no vacancies in the current vicinity, so if you have a concept you want to add or fully change to, this is a very reasonable price to pay for an established business in this area. The landlord is open to an owner that might want to add a hood and cooking equipment to increase the customer base.

The patio tables offer nice outdoor seating to enjoy the beauty of this quaint village atmosphere this town offers. The clientele are some of the town and area leaders from the mayor and other community leaders, they make this their spot to kick back and enjoy their favorite brew.

This business is run as a family business and there are no hired employees. Seller will train buyer and assure they are able to keep the contacts to these fine teas. The hours are limited and a buyer could elect to add more hours and open Thursday that are currently closed.

So to see pictures and get name and address just click the Gold Tab "Sign NDA" and you are on your way to some of the best teas in the World.

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Pasadena - Covina - San Gabriel Valley
Lease Term:
Jan 1, 2017
Total Monthly Rent:
$3,300
Security Deposit:
$2,600

Financials

Last Year's Annual Gross:
$105,216
Last Year's Owner's Cash Flow:
$27,500
Last Year's Food Cost %:
77080

Operations

# of Family Employees:
1
# of Working Owners:
2
Hours Open:
9:30AM - 7:00PM Fri, Sat, Mon, Tues& Wed
10:30AM - 6:00PM Sunday
CLOSED THURSDAY
Year Established:
2014

Facilities

Indoor Seating:
25
Outdoor Seating:
6
# of Parking Spots:
shared rear lot + street
Inside Sq. Ft.:
1140
Outside Sq. Ft.:
30

Highlights

  • Beautiful area at foothills of Mountains
  • Great Community with favorable Demographics
  • Busy Street Location
  • Founder has deep roots in tea growing and brewing
  • Relaxing Atmoshere to enjoy your tea
  • Teas Imported from China, Japan, India, Tiawan and Sri Lanka
  • Quality is #!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 11,096 77,282 248,879
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 4,837 28,517 88,608
2010 Persons Per Household 2.26 2.64 2.76
Median House Value $780,300 $689,967 $630,114
Income Per Household $88,837 $81,995 $74,904
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 268 3,075 7,066
2012 Number Of Employees 3,458 66,308 150,804
2012 Total Annual Payroll $53,923,000 $1,248,971,000 $2,999,552,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

Other Listings in the Area
  • Prime Pasadena Location at a Low Price
    #5331
    Prime Pasadena Location at a Low Price
    Lease:  
    May 4th, 2019 + 5 yr option
    Monthly Rent:  
    $4,780
    Square Feet:  
    820
    Facebook Twitter Google+ Email
    Available
    $98,000
    Down Payment
  • Mastro
    #5300
    Mastro's Style Steakhouse w/Big Bar & Type 47 & Entertainment
    Lease:  
    New Lease with at least a total of 10 years
    Monthly Rent:  
    $13,000
    Square Feet:  
    9,600
    Facebook Twitter Google+ Email
    Available
    $150,000
  • Eagle Rock - High Traffic - Low Rent - Facility Sale
    #5430
    Eagle Rock - High Traffic - Low Rent - Facility Sale
    Lease:  
    August 31, 2023 + 5 yr option
    Monthly Rent:  
    $3,861
    Square Feet:  
    1,200
    Facebook Twitter Google+ Email
    Available
    $85,000

Terms Of Use     © 2019 Powered by BBMT Inc.