Description
Chami Tea Bar " a profitable non-alcoholic juice tea bar established since August 2019, located at the SW corner of Beverly Blvd and Norway Blvd inside the Model Plaza Shopping Center. Turnkey operation, easy to operate business. Average sale volume is approximately $26,000/month with monthly average net income approximately $10,000-14,000. Past years sales averaged $320,000/year with averaged net income of approximately $122,700/year. Rent including Landlords operating expenses totaling only $1,969/month. All business equipment has been paid off. The tea bar opens 11am-9pm every day. No competition nearby! Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit. Current lease expires on March 31, 2027 with an additional 60 months lease extension option. Seller works at the business approximately 12 hours a week. Seller is selling the business because of the sellers desire to spend more time with family. Call today and dont miss this great turnkey business opportunity!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Chami Tea Bar " a profitable non-alcoholic juice tea bar established since August 2019, located at the SW corner of Beverly Blvd and Norway Blvd inside the Model Plaza Shopping Center. Turnkey operation, easy to operate business. Average sale volume is approximately $26,000/month with monthly average net income approximately $10,000-14,000. Past years sales averaged $320,000/year with averaged net income of approximately $122,700/year. Rent including Landlords operating expenses totaling only $1,969/month. All business equipment has been paid off. The tea bar opens 11am-9pm every day. No competition nearby! Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit. Current lease expires on March 31, 2027 with an additional 60 months lease extension option. Seller works at the business approximately 12 hours a week. Seller is selling the business because of the sellers desire to spend more time with family. Call today and dont miss this great turnkey business opportunity!
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-14T10:29:25.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.