Milk Tea Store - Downtown Berkeley

This is a newly built, brand-name milk tea store located in a high-traffic area of Downtown Berkeley. The business boasts an established and experienced team of supervisors and barristas, ready to serve high-quality, freshly made drinks. Significant investments have been made in leasehold improvements ($400,000) and equipment ($100,000), presenting a bargain opportunity for a new owner. The store was established in 2023 and operates from a 909 sq ft space with a monthly rent of $5,704, with the lease expiring in October 2031. The business generated $412,000 in gross revenue and is being offered for sale at an asking price of $150,000. This is a franchise opportunity with a strong potential for growth.