Milk Tea, Coffee & Mochi Donut Store in Downtown Palo Alto

This is a modern and elegantly decorated milk tea, coffee, and mochi donut shop located in Downtown Palo Alto. Established in 2023, the business has achieved a gross revenue of $382,981. The asking price is $150,000 with $0 down payment. The business operates with 7 part-time employees and requires no special licenses. The lease is for 1000 sq ft with a monthly rent of $8,005, expiring in January 2028, with two 5-year renewal options. Assets include leasehold improvements ($110,000), equipment/fixtures ($35,000), and inventory ($5,000). The owner is selling due to other commitments. This franchise opportunity offers a welcoming space for customers to enjoy sweet treats and refreshing drinks.