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Businesses For Sale   >>   Absentee Businesses For Sale   

Tea Bar And Cafe

Location  Arizona,United States
Asking Price Range  < $250K
Gross Revenues  $242019
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks
Reason for Sale  Absentee owners

Description  
This is an excellent upscale location and a great opportunity for an owner/operator who wants an easy, fun business to run with a great concept and lots of potential growth. Tea Bar and caf serves over 90 different tea beverages. Customers can purchase a variety of Bulk Tea, and they offer an on-line catalog of over 70 items. Build-out was over $300,000. Sales have increased from 2010 to 2011 and are consistent when the industry itself is seeing annual decreases. Current owners had a partnership split and bought out their previous partner. They were absentee owners and are not able to devote the time to take the business to the next level. Business needs a hands-on owner that can pursue various avenues of marketing and advertising. This is a wonderful concept that can be expanded to other locations as an independent store or as a franchise concept. Highly Confidential. SELLER IS MOTIVATED.


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