Skip To Content

    388 Ninth Street, Suite 155

    Oakland, CA 94607
    • $70,000
    • STATUS: Active
    • ON SITE: 187 days
    • ID#: 40935176
    UPDATED: 35 min ago
    $70,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic long-time family owned Ice Cream and Boba Tea operation. No powders as they use real fruit. Owned and operated by the same family since 1993. Very popular and great location with hundreds of people walking by daily. Downtown Oakland Chinatown. Inside seating for 8 and plenty of seating in the beautiful outdoor courtyard of the main structure. The space leased is 355 sf. They are open 7 days a week. Now the hours are 12 - 6 pm. Before the pandemic they were open from 11 am - 8:30 pm. All of the equipment is owned and worth approximately $20,000. There are no employees as the owner operates the shop himself. He is retiring after the sale of the business and will train the new owner. There is plenty of parking on the street and underground at the site. Current monthly rent is $2,000/month and the lease runs through 4/14/2021. The owner has agreed to extend the lease to 4/14/2022 with a decreased rent of $1,500/month.

    Monthly Payment Calculator



    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-07-29T19:43:16.087.

    www.doyleresidential.com/homes/113559731
    Print Image

    388 Ninth Street, Suite 155 Oakland, CA 94607

    • Price: $70,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 40935176
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1980
    Built
    Neighborhood:
    China Town
    County:
    Alameda
    Area:
    Oakland
    Property Description
    Fantastic long-time family owned Ice Cream and Boba Tea operation. No powders as they use real fruit. Owned and operated by the same family since 1993. Very popular and great location with hundreds of people walking by daily. Downtown Oakland Chinatown. Inside seating for 8 and plenty of seating in the beautiful outdoor courtyard of the main structure. The space leased is 355 sf. They are open 7 days a week. Now the hours are 12 - 6 pm. Before the pandemic they were open from 11 am - 8:30 pm. All of the equipment is owned and worth approximately $20,000. There are no employees as the owner operates the shop himself. He is retiring after the sale of the business and will train the new owner. There is plenty of parking on the street and underground at the site. Current monthly rent is $2,000/month and the lease runs through 4/14/2021. The owner has agreed to extend the lease to 4/14/2022 with a decreased rent of $1,500/month.
    Exterior Features

    Exterior Metal Garage Or Parking None Location Business DistrictCornerBart NearbyCommercialFree StandingFreeway NearbyHospital NearbyPublic Transport Nearby Parking Spaces Total 0 Roof Unknown Tot Bldg Sq Ft 355

    Interior Features

    Bus Sq Ft Of Bldg 355 Cooling None Floors Ceramic Tile Heating Other

    Property Features

    Annual Act Gross Inc 0 Annual Insurance Expense 0 Annual License Expense 0 Annual Misc Inc 0 Annual Taxes 0 Annual Utility Expense 0 Business Name The Sweet Booth Business Type Boba Tea Employees Owner RunNoneOwner Will Train Existing License And Permits Business License Facilities Display WindowOutside Sign Financial Data Source Provided By Owner Form Of Ownership Sole Proprietor Gross Oper Actual Inc 0 Lease Type Assignable Net Oper Income 0 Other Annual Expense 0 Sale Includes Fixtures And EquipmentGoodwillInventoryLease ImprovementExisting Signs Special Information None Tenant Expense ElectricGasInterior MaintenanceLiability InsuranceSewerWaterTrashMaintenanceInsurance Terms Cash Total Annual Operating Expenses 0 Utilities ElectricGasHot WaterPublic SewerPublic WaterSeparate MeterAll PublicSeparate Electric MeterTelephone Year Business Started 1993 Zoning Comm

    Listing courtesy of Rich Krinks of Bhhs Drysdale Properties.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-07-29T19:43:16.087.

     
    https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_40935176-2.jpg https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_40935176-2.jpg https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_40935176-2.jpg
    Logo
    Sereno
    380 Diablo Road, Ste 100
    Danville CA, 94506