Listing Number: 76931-713200
Description
This teahouse is located in a busy shopping mall in Sugar Land. The current owner joined Creamery Teahouse as a full-time employee in 2012 and acquired the business in December 2017. The teahouse offers boba tea, coffee, smoothies, juices, fried snacks, and wings.
This business is mainly run and operated by the current store manager. The owner spends approximately 27 hours a week in managing inventory supplies and working a short 4 hour shift on the weekend. 2023 revenue was $412,514.96 with an SDE of $124,615.52. The projected 2024 revenue is projected to be ~ $408,600.00 with a yielding SDE of about $126,246.49.
The owner has decided to sell the business as she wants to reduce her workload to focus on growing her family.
Listing Details
- Price: $250,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $159,471
- Total Sales: $450,147
- Location: Fort Bend, Tx
- Inventory: $200
- FF&E: $26,994
- Employees: 6
- Year Established: 2012
- Reason for Selling: Seller would like to reduce workload to focus on growing their family.
- Category: Food Business Retail,Restaurants
Contact Agent:
- Keshav Kapoor
- Phone: (281) 769-4277
- Email: kkapoor@tworld.com
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