Listing Number: 76931-701047
This teahouse is located in a busy shopping mall in the Chinatown area in Southwest Houston. Location was first established in 2012. The current owner acquired the business in December 2017. Business serves boba tea, coffee, smoothies, juices, fried snacks, and wings. After the success of this business concept at this first location, the owner set-up a second location in the city of Sugar Land to replicate successful results.
This business is mainly run and operated by the current store manager. The owner only spends about 12 hours a week in managing inventory supplies and working a short 4 hour shift on the weekend. 2021 revenue was $308,592 with an SDE of $108,677. The projected 2022 revenue is projected to be ~ $350,000 with a yielding SDE of about $130,000.
The owner wants to sell this location because she would like to reduce her workload for having kids. This is a rare opportunity to acquire a profitable and stable business on a semi-absent basis.
- Price: $ 185,000
- Down Payment: $185,000
- Sellers Discretionary Earnings: $ 130,000
- Total Sales: $ 350,000
- Location: Harris County, Texas
- Inventory: $ 200
- FF&E: $ 15,145
- Employees: 3
- Year Established: 2012
- Reason for Selling: Reduce the workload for having kids.
- Category: Food Business Retail