This combo ice-cream / boba shop is located in affluent coastal OC in a premier, modern, well-maintained plaza, anchored by several great national tenants and established restaurants. Summer is coming, and this space offers excellent exposure to armies of beachgoers! Plus, this center is always bustling with people, and is frequented by the hungry residents who live behind it. There is ample parking and quick access to several major freeways.
This business is virtually brand new, as they recently opened in January of 2018. When you enter the space, you’re greeted by pristine hip subway tiles, neon lights, high ceilings and rustic exposed beams. The owners did a fantastic job on the build-out, investing well over $200k! The sale includes virtually new equipment in excellent condition. There is a custom made boba station with a tea and espresso machine ($15k new). In addition, there are several top-of-the-line refrigeration and freezer units, as well as a quality made Hoshizaki ice maker. The space also offers a video surveillance system, accessible from your phone to keep an eye on business.
This partnership was missing the critical operational piece. They were willing to brave the buildout phase and invest their capital, but nobody was running the store! There are rarely owners onsite, no advertising, no marketing or brand building….not even basic co-marketing with other businesses in the center! This space is ideal for an owner operator ready to bring their winning boba, gelato, dessert or sandwich concept to this brand new space. The Seller doesn’t even open the doors until 1pm; open at 6am and serve the patrons of the bakery next door their morning coffee and tea. Leverage the delivery services to build sales and brand awareness. Or, since you’ll invest less than one-half of the buildout cost, you’ll have money leftover for niceties like working capital, marketing, and advertising!
This business is waiting for an energetic Buyer to step in and pickup where the Seller left off. Bring your winning concept and menu, refresh the décor to match, open the doors and start making money! This Seller’s loss is one Buyer’s gain. Act now, as this excellent location will sell quickly. Reach out to the Agent today.