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Listing ID : 2431336

Broker ID : 1115-S

Listed On November 15, 2024 44

Listing Updated March 2, 2025

Status :

ACTIVE

Listing Type :

Business For Sale Restaurant, Food, & Alcohol Other Restaurant, Food, & Alcohol Businesses

Listing Highlights :

Existing Franchise

Price :

$199,000(Price Reduced)

Business Overview :

Year Established:

2017

Number of Employees:

Inventory Included:

Yes

Estimated Value of Inventory:

$5,000

Accounts Receivable Included:

Furniture, Fixtures & Equipment (FF&E) Included:

Yes

Outstanding Liabilities & Debts:

License Included:

Yes

License Type:

city business license

Business Location Details :

Business Location:

Leased

Rent:

$5,376

Type of Lease:

Triple Net Lease (NNN Lease)

NNN Monthly Cost:

$3,000

Lease Expiration:

12/31/2028

Building Size:

2,142 Sq. Ft.

Facility & Tenant Improvements:

A fast-casual layout with an up-front ordering counter enables quick ordering requiring fewer employees than traditional sit-down restaurants with waiters. A full kitchen equipped with a type 1 hood, Ansul fire suppression system, and grease trap allows for a wide range of finger food offerings.

Property Details :

Terms :

Financing:

Cash

NDA Required:

Yes

Broker Co-Op:

Yes

Support & Training Offered:

20 hours over the first two weeks beginning at the COE.

Reason for Selling:

Unexpected Illness in family

Company Overview :

Franchise Overview :

Description :

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 $5376 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.

Occupancy: 69 inside / about 10 patio area

Seller financing can be considered on a case-by-case basis.

Conversion to a different concept is possible and would require Landlord’s approval. CANNOT do Sushi or Chinese restaurant. Thai, Indian, burger, chicken, pizza would be ok.

Contact Listing Broker for the NDA and Buyer Profile to fill out. In return, a business review sheet with detail information will be made available.

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)

Restaurant Sales and Leasing

License:01024767

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Restaurant Sales and Leasing

License Number

01024767

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