#TR24179097
Description
Chami Tea Bar – a profitable non-alcoholic juice tea bar established since August 2019, located at the SW corner of Beverly Blvd and Norway Blvd inside the Model Plaza Shopping Center. Turnkey operation, easy to operate business. Average sale volume is approximately $26,000/month with monthly average net income approximately $10,000-14,000. Past years sales averaged $320,000/year with averaged net income of approximately $122,700/year. Rent including Landlord’s operating expenses totaling only $1,969/month. All business equipment has been paid off. The tea bar opens 11am-9pm every day. No competition nearby! Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit. Current lease expires on March 31, 2027 with an additional 60 months lease extension option. Seller works at the business approximately 12 hours a week.
Seller is selling the business because of the seller’s desire to spend more time with family. Call today and don’t miss this great turnkey business opportunity!
Construction Details
- Property TypePurchase
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$120,000
Other
- MLS #TR24179097
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Tony Lam (#TRTONLAM)
Listing Office: Keller Williams Signature Realty (#PB8770)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
