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BUSINESSES FOR SALE

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Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

Brand New Contemporary Tea Lounge & Retail Store

Location  Michigan,United States
Asking Price Range  < $250K
Gross Revenues  $130000
Net Profit / Cash Flow  $38000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2005
Number of Employees  10 - 19
Inventory  11000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Will provide training of operations, alarm & ...
Reason for Sale  Owners are young newlyweds expecting their ...
Description  This is an excellent opportunity for someone who is looking for an owner-operated tea lounge. The buyer can assume business immediately. Fully stocked inventory. No need to train a new staff. Customer base is very loyal and growing daily. The location is 1,600 sqr feet. Extremely low rent has been locked in for 5 years with two 5-year options. Rent is only $1,200 gross (no NNN). The tea lounge comes with a sophisticated computer POS system. This tea lounge recently opened 6 months ago and the potential for growth is very high. Public and press reception has been extremely positive. Featured on and in numerous television and magazine articles. This tea lounge is located just off the main street of town in ''restaurant row'' with lots of foot traffic. City has been designated a ''Cool City'' by the state of Michigan. Plenty of parking. City sponsors many large events that draw tens of thousands of people. Special parties, functions, mtgs, are held during off times. Retail side offers seasonal & holiday items for gifts & home decor. Owners spent two years cultivating the teas and various vendors from best of class growers and importers. Email Brad for for more information on this Tea Lounge & Retail Store business for sale.
Click Here To Contact Seller

    

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