Milk Tea, Coffee & Mochi Donut Franchise in Palo Alto

This listing presents a modern and elegantly decorated milk tea, coffee, and mochi donut shop, operating as a franchise, located in Downtown Palo Alto. Established in 2023, the business offers a diverse menu of handcrafted milk teas, coffee beverages, and freshly made mochi donuts in unique and rotating flavors, aiming to create a fun and welcoming customer experience. The business generated $382,981 in gross revenue and $15,000 in total revenue (profit). The asking price is $150,000. The leased premises span 1000 sq ft, with a monthly rent of $8,005 and a lease expiring in January 2028, featuring two 5-year renewal options. Key assets include $110,000 in leasehold improvements, $35,000 in equipment/fixtures, and $5,000 in inventory. The operation is supported by 7 part-time employees. The owner is selling due to other commitments.