Boba Shop for Sale – Absentee Owner Boba Tea Franchise 001264
Price: $325,000
Location: Collin County, Texas
Industry: Restaurants & Food/Coffee Shops & Cafes
Listing ID: 001264
Boba Shop for Sale! This fast-growing international boba tea shop with a prime location in North Dallas is now available for acquisition. The business was established in 2021 by the business's current owner. This boba tea shop is another location for a fast-growing international franchise with a proven business model and corporate support. The customer base comprises mostly young families with children and college students. The prime location of this business enables easy access along a high-traffic retail strip anchored by numerous nationwide retailers. The retail strip is next to a major highway and in close to a university, which attracts even more traffic to the immediate area. There is some nearby competition, but this boba tea shop has quickly set itself apart with its recognized brand, trendy and updated menu, and high-class yet relaxed store environment. The established brand name helps draw in customers seeking consistency and quality products. While the interior is welcoming, classy, and relaxing, which works well in this particular area. The menu offers a mix of classic and trendy boba-tea flavors compared to the competition and updates with new items each season. There is some marketing in place at the corporate level as well as a growing online presence through social media platforms. Additional online and local marketing strategies will benefit this business markedly. Additional marketing strategies that would work well for this area include adding a student discount and a loyalty program to bring in more nearby college students and young families. The business model allows a potential owner to become an absentee business owner like the current owner or become fully involved in daily operations to save on wage expenses and reap this business's full income potential. This boba tea shop is the ideal business opportunity for potential owners seeking a consistently performing franchise that can truly benefit from a hands-on owner with marketing experience.
Down Payment: $81,250
Total Sales: $418,018
Cash Flow: $102,450
Inventory: $35,000 (Not Included in listed price)
FFE: $150,000 (Included in listed price)
Owner Financing: No
Franchise: Yes
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other business opportunities.
Training & Support:
Owner will provide training and guidance. Franchise will provide corporate training and support.
Year Established: 2021
Employees: 2FT/11PT
Absentee Owner: Yes
Square Footage: 1,600 SF
Facilities Information:
The boba tea shop operates in one of the retail spaces along one of the busiest retail strip centers in the area. This shop occupies approximately 1,600 SF of retail store space. The retail strip center is anchored by numerous national franchises that attract a high volume of traffic alongside a major highway. This location also brings in college students from the nearby university. The city this business is located in is among the top fastest-growing cities in the nation.
Competition:
Some competition in the immediate area. This business sets itself apart with it's established brand name, menu mix that contains trendy and classic flavor offerings, and a classy store interior with comfortable seating available for up to 28 customers.
Potential Growth:
The location is among the fastest-growing areas in the DFW metroplex, which creates a bright outlook for this business. With increased marketing efforts targeted towards local areas and nearby college students, this business will likely experience a healthy boost in revenue. The menu can also be expanded to include more options that may appeal to the local demographic, provided the new menu items are not branded as the franchise's product.
Financing/Terms:
100% Cash Down at the time of closing or 25% down with SBA Financing Financing for Qualified Buyers with Industry Experience.
