Listing Number: 76931-415345
Description
Asset Sale. Busy Central/West Houston location! Keep existing teahouse franchise or bring your own concept and save money on construction and equipment!
Since 2000, this boba teahouse brand has expanded from Taiwan to over 21 locations across the Houston area, while maintaining their standards for quality ingredients and hand-selecting their teas. The menu features world famous boba or cream teas, green or black teas, and delicious frozen blended drinks. Some examples include Cream Tea with Tapioca, Lime Honey Green Tea, Mango Cream Blend, and Strawberry Lime Ice Blend. Besides tea the menu also includes specialty juices, lemonades, coffee flavored drinks, party packs, snacks, and catering services.
The franchise business for sale is located in a very busy shopping center and has been open for 4 years. The demographics in the area are very strong with high population, income, and traffic counts. The premises is approximately 1,400 sq ft. Also, the equipment and leasehold improvements are in excellent condition. The lease expires in May 2026 and an option term is available. The current rent is $5,551 per month including common area maintenance, taxes, and insurance.
Sales in 2024 were $392,831 with $28,245 in discretionary earnings. The listing price includes Leasehold Improvements of $90,000, FF&E of $70,000, and Inventory of $5,000. The seller owns other businesses and does not have enough time to dedicate to this business.
The buyer will need to be approved by the franchisor and attend franchisor training. The seller will also transition buyer on site for a minimum of 2 weeks.
Listing Details
- Price: $65,000
- Down Payment: $65,000
- Sellers Discretionary Earnings: $28,245
- Total Sales: $392,831
- Location: Harris County, Texas
- Inventory: $5,000
- FF&E: $70,000
- Employees: 8
- Year Established: 2021
- Reason for Selling: Other Business Interests
- Category: Restaurants,Ice Cream Yogurt Ice,Retail Miscellaneous
Contact Agent:
- Shuba Grewal
- Phone: (346) 314-0010
- Email: sgrewal@tworld.com