Business Overview

Asian-inspired dessert drinks shop for sale in Alameda county. They serve authentic Vietnamese Che and coffees, boba milk teas, and real fruit smoothies. This is a small mom & pop sized dessert joint with ample parking. Located next to Asian Supermarket and other restaurants. This is a subLease rental amount of $2600. Currently the store generates over $241,756 in sales this year 2021. Some of the equipment included are 4 feet type1 hood, hand sink, 3-compartment sink, mop sink, water heater, POS system and more. Can convert

Financial

  • Asking Price: $150,000
  • Cash Flow: N/A
  • Gross Revenue: $241,756
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

has other interest

Additional Info

The property is leased by the company for $2,600 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell companies. Nevertheless, the genuine factor vs the one they say to you may be 2 absolutely different things. For instance, they might say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be reasons to try to conceal the reality of changing demographics, increased competition, current decrease in earnings, or a range of various other reasons. This is why it is extremely vital that you not rely totally on a seller's word, but rather, make use of the seller's response combined with your total due diligence. This will paint a much more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover items such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that earnings margins are too thin. Lots of companies fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new clients? Many times, businesses have repeat customers, which create the core of their daily profits. Certain elements such as new competitors growing up around the area, road construction, and personnel turn over can influence repeat consumers and adversely affect future profits. One crucial point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business often, the higher the chance to construct a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely populated city, or is it located on the edge of town? Exactly how might the local median family income impact future revenue prospects?