2569 S. King Road

    San Jose, CA 95122
    • $116,000
    • STATUS: Pending
    • ID#: ML81728895
    Pending
    $116,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Location! Location! Location! This Boba Tea House is located in Sun Plaza, surrounded by business, single and multifamily residences. It neighbors to two more plazas, several apartment communities and an Elementary school. It has a lot of customers and potentials here. Sales is $25K to $35K per month. Has a net profit of 11k to 14k per month. Excellent Lease and Rent: Monthly rent $4,172 including NNN, Water and Garbage. This Boba tea house is over 1100 sqft and it has seating for almost 50 people. It has 1 year lease with 5 years lease option left. All equipments included in sale. Seller will train whoever takes over the business. It would also be easily converted into a coffee shop or ice cream/gelato shop. This is a turn-key opportunity for an owner/operator to come in and take this location to the next level or would also be a good fit for someone looking to put their concept into a sophisticated setting.

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    © 2019 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Data last updated 2019-01-23T23:37:55.897.
    www.doyleresidential.com/homes/88836688

    2569 S. King Road San Jose, CA 95122

    • Price: $116,000
    • Status: Pending
    • ID#: ML81728895
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    All Other Counties/States
    County:
    Santa Clara
    Area:
    All Other Counties/States
    Property Description
    Location! Location! Location! This Boba Tea House is located in Sun Plaza, surrounded by business, single and multifamily residences. It neighbors to two more plazas, several apartment communities and an Elementary school. It has a lot of customers and potentials here. Sales is $25K to $35K per month. Has a net profit of 11k to 14k per month. Excellent Lease and Rent: Monthly rent $4,172 including NNN, Water and Garbage. This Boba tea house is over 1100 sqft and it has seating for almost 50 people. It has 1 year lease with 5 years lease option left. All equipments included in sale. Seller will train whoever takes over the business. It would also be easily converted into a coffee shop or ice cream/gelato shop. This is a turn-key opportunity for an owner/operator to come in and take this location to the next level or would also be a good fit for someone looking to put their concept into a sophisticated setting.
    Exterior Features

    Parking Spaces Total 0 Roof Other

    Interior Features

    Cooling Other Heating Other

    Property Features

    Annual Act Gross Inc 300000 Annual Insurance Expense 0 Annual Taxes 0 Annual Utility Expense 0 Business Name B-909 Icy Tea Business Type Food Services Employees Owner/Manager Run Existing License And Permits Business License Facilities Restrooms Financial Data Source Provided By OwnerOther Net Oper Income 149934 Sale Includes Fixtures And EquipmentOther Tenant Expense Electric Utilities Public SewerPublic Water Zoning C

    Listing courtesy of Victor Kuang of Bay One Real Estate Investment Corporation.


    © 2019 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Data last updated 2019-01-23T23:37:55.897.
     
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