Business Summary:
THE OPPORTUNITY... a bustling retail Tea shop with tea-bar selling: * Superior Blends of Teas; * Tea Gifts and Accessories for Tea Lovers; * Various Proprietary Made-to-Order Tea and Coffee Based Drinks. WHAT SETS THIS APART? * 90 Delicious, Naturally Blended Teas. There are none better; * A Sophisticated, Cutting Edge, Very Popular Tea Bar; * The Atmosphere is Upbeat, Warm, and Inviting for Customers to Sit at the Bar or In-House Seating; * Tremendous Customer Loyalty. "We Love This Shop!" THE MARKET... * Tea Lovers of All Ages, Genders, Race, etc.; * Gourmet Flavored Teas are Growing in Popularity Around the World; * Tea is Trending Toward Huge Market Growth. Thus, an inviting tea shop and tea bar geared specifically for tea drinkers makes sense. THE ADVANTAGE... The founding partners have done all the hard work: * Absorbing the Expensive Build Out; * Did All Equipment Purchases; * Setting up the Business; * Ramping the Initial Start-up and Establishing the Initial Market. WHY NOW? The store is being sold due to a refocus into the wholesale tea operations that supplies this shop with hopefully more personal semi-retirement time. The owners came out of retirement for this venture. WHAT DOES IT MEAN? * A very opportunistic price for the right strategic buyer/investor; someone who is excellent at retail marketing and who can take advantage of the creative liberties; * A business poised for excellent growth in the very strong tea selling industry; * Save tens of thousands of dollars in start up and franchising /licensing costs for a turnkey opportunity; * Room for expansion in additional retail tea bar and retail store operations. THIS IS A UNIQUE OPPORTINITY!
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| Year
Business was Established: 2014 |
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| Number of Employees:
1FT/2PT |
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| Facilities / Terms of Lease:
Lease, renegotiable |
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| Potential
Growth/Expansion:
To increase sales: Promote locally, nearby city advertising, hold regular special events in store, add more food products and tea accessories, and expand hours to open earlier.
There also exists room for the right new owner to expand with additional stores regionally. |
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| Competition:
Variety of Product Types, Variety of Blends, Quality, Taste, Look & Feel of Store, Friendly & Knowledgeable Service, and Favorable Pricing versus competition.
Regularly hear “the best tea ever” comments from customers; business is well-poised to grow market share and become profitable with reasonable amount of new owner effort and by beginning consistent promotion of store. |
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| Owner
willing to finance:
Partial financing is available, depending on buyer's financial history. |
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| Owner
willing to train:
Willing to train, amount dependent upon buyer's needs and selling price. Owner will stay in-store for at least two weeks to support buyer. |
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| Reason for selling:
Semi-retirement and more focus on wholesale business expansion |
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Seller Reference Number: bm71118757
BusinessMart.com Listing Number: 177023 |
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