Boba Shop Asset Sale - Loma Linda, CA

This listing presents an asset sale opportunity for a Boba shop located in Loma Linda, California. Established in 2017, the business operates from a 1,100 sq ft space with a seating capacity for 12 patrons. The current owner, who has managed the business since 2019, is selling due to living too far away, resulting in an employee-run operation and a reported decline in 2023 sales to $43,304. The business averaged $20,020 in monthly gross sales. Key selling points include the substantial potential for sales recovery with direct owner management, a recently installed kitchen hood that enables the addition of hot food items to the menu, and the fact that it is an asset sale with minimal current net profit. The premises are leased with a monthly rent of $4,265 (including CAM) and a lease term of 3 years plus a 5-year option. The seller is open to reasonable offers, and financing requires all cash. This is an ideal opportunity for an entrepreneur looking to acquire an established food service business with clear avenues for growth and operational improvement.