Boba Tea Business for Sale With Fast Growing Sales 001279
Boba tea business for sale! If you want to own a profitable and quickly growing boba tea shop, this is your opportunity! The current owner established this business in late 2021. The shop sells an array of Japanese sweets to go along with the main product boba tea helping it stand out from the competition. The facility is 1,754 SF of space in an end-cap of a bustling retail strip North of Dallas. This shop is strategically located close to nearby major highways and a university; this university is also quickly growing, with more students enrolling each year; over 40,000 students are currently enrolled. A densely populated residential area surrounds the business. Needless to say, there is a steady flow of foot traffic in the immediate area.
The customer demographic is aged between 18-35 and includes university students, families, and large community groups that frequent this business daily. There are nearby competitors serving boba tea, but this shop has unique offerings with exceptional presentation and a highly convenient location to the nearby university, making it the go-to choice for many students and nearby residents looking for a quick and delicious treat.
Sales are consistently increasing; sales have grown from $21,000 per month in the first year to $42,000 per month currently. Marketing efforts for this business range from social media platforms hosting local community groups and word of mouth. Additional marketing efforts could be implemented to boost customer acquisition. Ways to market this business include handing out flyers, offering loyalty programs, and growing the online presence.
There is room for growth by increasing efficiency through properly delegating tasks and improving the already built-in system for automated processes. The current owner works part-time, semi-absentee, mostly handling higher-level management and bookkeeping.
The owner will provide ample training needed to transition into the operation.
The facility is 1,754 SF in an end-cap space of a retail strip building. Located in the North of Dallas and close proximity to a nearby university with over 40,000 students enrolled. There is tremendous foot traffic in the immediate area, enabling a steady flow of customers. All equipment is in excellent working condition.
There are nearby competitors in the marketing area offering boba and other desserts. However, this business stands apart from the competition with its convenient location, an assortment of Japanese desserts, adequate seating for up to 60 customers, and exceptional food presentation.
Growth will happen naturally as the number of students enrolled in the nearby university increases each year. Additionally, this business can increase efficiency through properly delegating tasks and improving the already built-in system for automated processes.
100% down at the time of closing or 25% Cash down with SBA Financing for Qualified Buyers with Industry Experience.