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$ 120,000
Est. payment | /mo
$ 120,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR24179097
HOA Y/N No
Property 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!
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Building
New Construction No
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Listed by Tony Lam • Keller Williams Signature Realty
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States