Listing ID : 2431336
Listed On November 15, 2024 16
Listing Updated November 15, 2024
Listing Highlights :
Great opportunity to own and operate a brand name Boba Tea shop in Davis ~ a university town just outside of Sacramento. Located in a busy part of town and not too far from the University, this Boba Tea Shop has established itself as the ‘go-to’ place for delicious Boba Teas. The full kitchen which includes a type 1 hood, fire suppression and grease interceptor will allow for a conversion to a different concept. Current lease term runs through to the end of 2028 and a five-year option to extend the lease can be requested from the Landlord.
Current Base Rent is $5250 a month which increases each year. Additional Rent runs an average of about $3000 a month. which is based on actuals and includes the typical commercial retail NNN expenses and also trash, water, electric and HVAC servicing. Â
Seller financing can be considered on a case-by-case basis.Â
Conversion to a different concept is possible and would require Landlord’s approval.Â
Contact Listing Broker for the NDA and a copy of the OM.
NNN = Triple Net expenses (the pass-through of the Landlord’s property taxes, insurance, and CAM expenses)
NDA = Non-Disclosure Agreement (this is a confidential listing)
OM = Offering Memorandum. (includes a lot more information about the sale of the business)
3500 Scotts Lane, Philadelphia, PA, USA
Our 100% Passive Mobile Grooming Opportunity is turn-key, fully staffed and operating with massive room for expansion. **Up To 50% Seller Financing
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