Listing Number: 64646-618251
Description
Started in 1998, this local Philadelphia Tea business welcomes clients to the intriguing and multi-cultural world of quality loose-leaf teas. Sourcing from points around the globe, offering the classics, blends, and individuals, single-estate teas to the rare and exotic. Producing gross sales averaging $272,000 over the past three years with an outstanding SDE of $106,000. The business is currently operating as 75% on line and the remainder local walk in business and some restaurant deliveries. Simply ran by the owner today, the business can be relocated from the current location as a home based business or new location outside of the current market. Current ownership will look to retire but not before sharing twenty five years of knowledge. A brand new POS system is included as well as an estimated $17,000 in inventory. Complete the NDA today or contact Doug or Gina for more information. dmilana@tworld.com and gmilana@tworld.com
Listing Details
- Price: $215,000
- Down Payment: $215,000
- Sellers Discretionary Earnings: $108,876
- Total Sales: $267,610
- Location: Philadelphia County, Pennsylvania
- Inventory: $17,000
- FF&E: $32,050
- Employees: 0
- Year Established: 1998
- Reason for Selling: other interest
- Category: Food Business Retail,Internet Related
Contact Agent:
- Sheri Spiewak
- Phone: (609) 246-0025
- Email: sspiewak@tworld.com