$299,950
Sharetea
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Pending
CBA ID#: 658260
240 NW Gilman Blvd
Issaquah, WA 98027View Map
Commercial Property

Marketing Description:

Incredible opportunity to not only have an amazing business that is easy to own, you also get the exclusive right to open another ShareTea on the Issaquah plateau. This is part of the 7 mile radius provision in the Issaquah ShareTea franchise agreement. This location is 100% absentee operated, outside of ordering supplies and product. 16 part time employees, need owner operator.

Listing Agent Remarks:
The quoted sales are for Jan to Nov 2023.

Incredible opportunity to not only have an amazing business that is easy to own, you also get the exclusive right to open another ShareTea on the Issaquah plateau. This is part of the 7-mile radius provision in the Issaquah ShareTea franchise agreement. This location is 100% absentee operated, outside of ordering supplies and product. 16 part time employees, need owner operator.

Use Discretion: Yes

Showing Instructions: do not talk to employees, call Jordan White for assistance 425-830-9414

Included in Price:

  • Real Property: No
  • Inventory Included: No
  • Inventory Value: 25000
  • Fixtures/Equipment: Yes
  • Fixtures/Equipment Details: 75000
  • Phone System: Yes
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Operating Income: $444,000
  • Operating Expense: $390,000
  • Net Profit: $54,000
  • Monthly Rent: 2508
  • Monthly NNN: 1483
  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Parking: 20 Spaces
  • Leaseable SqFt: 975
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • Hours: 11:30 to 8
  • Days Open: 7
  • Seating: 12
  • PT Employees: 16
  • Year Established: 2017
  • Why Selling: partnership breakup

Licenses:

  • Beer/Wine: No
  • Gambling: No
  • Professional: No
  • Class H: No
This Listing Supplied Courtesy of Devon Group, LLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity