Tea Shop

Tea Shop

Available

$143,000.00

  • 2200
  • milk house 2100

Listing Number :

 3912

Status :

Available

Price :

$143000

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Description

This is a 1,600 sq.ft. Tea House very spacious and cozy located midtown Sacramento with loyal customer base who are young and they get together to enjoy their time with different verities of tea and other beverages. The business is under the same management since 2008 with 6-8 employees andpayroll of $8,000/m. Hours of operation; 11 am-10 pm. base Rent is $3,000/m. Seller claims his Gross Annual Income is $250,000 and current inventory is $15,000. For more information please call the agent; Azeta Towfighi @ 916-521-7390

# 3912

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2008
Business Type: Tea Shop
License(s) Required: Business, Heath
Hours of Operation: 11 am-10 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3912
Date Available: 1/28/2020
Reason For Sale:
Annual Total Revenue: 250000
Annual Net Income:
Inventory: 15000
Monthly Payroll: 8000
Lease Information
Base Rent: 3000/m
Lease Expires: 2025
Lease Option: 1 x 10 years option
NNN:
 
Financing Information
Down Payment: 143000
Owner Will Carry:
Other Finance Terms:

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