Listing Number: 76931-382785
Description
This successful and fast-growing Taiwanese tea establishment has been a remarkable story since its inception in 2020, thanks to its unique beverage concept featuring an unlimited mix of flavors and an innovative variety of extra ingredients. What sets this concept apart is not only its deliciousness but also its health-conscious approach, aligning perfectly with current trends in the food industry.
One key factor contributing to the success of this turn-key shop is its strategic location in a highly visible spot across major shopping centers, with direct access to one of the busiest roads in North Houston. Over the years, this business has established a strong presence in the neighborhood, earning recognition and loyalty from its customers. Furthermore, with no competitors within a five-mile radius, this business has experienced continuous growth.
The average revenue over the past three years stands at $191,180, with an average Seller's Discretionary Earnings (SDE) of $46,526. In 2023 alone, the revenue reached $208,267, with an SDE of $49,833. Despite this success, the current owner dedicates minimal time to this well-staffed business, allowing them the opportunity to manage additional units and other ventures in their portfolio.
The owner's decision to sell this business stems from their plans to create a franchise of this successful concept in the near future, aiming to open and sell as many units as possible before reaching that milestone. This presents a rare opportunity for prospective buyers to own one of these stores without the burden of paying royalties or fees for life.
With just a 50% down-payment and a 5-year financing option, this business with minimum supervision pays for itself! Don’t let this opportunity go. Call today to schedule a viewing and discuss acquisition details!
Listing Details
- Price: $152,712
- Down Payment: $76,356
- Sellers Discretionary Earnings: $49,833
- Total Sales: $208,167
- Location: Montgomery County, Texas
- Inventory: $5,000
- FF&E: $37,990
- Employees: 4
- Year Established: 2020
- Reason for Selling: Expansion
- Category: Food Business Retail
