$120,000
Whittier, CA 90601
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$120,000
Est. payment /mo
UPDATED:
09/30/2024 06:30 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24179097
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!
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 670 - Whittier
Interior
Fireplace No
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Listed by Tony Lam • Keller Williams Signature Realty • 909-618-3765