For Sale
$210,000

0 Foothill BlvdSan Luis Obispo, CA 93405

Absentee-owned boba shop, high-profit margins.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional opportunity presents a thriving, absentee-run boba shop ideally situated in San Luis Obispo, California. Located within a bustling shopping center adjacent to a major grocery store, this business enjoys high visibility and ample parking, ensuring consistent customer traffic. The approximately 1,200 square foot space generates impressive financial results, with gross sales averaging approximately $25,000 per month and a net profit of roughly $7,900 monthly. The business operates entirely with employees, offering the new owner significant flexibility and potential for increased profitability through active management. The current monthly rent is $4,100, which includes all net, net, net (NNN) expenses. This turnkey operation is ready for a new owner to step in and continue its success or implement further growth strategies. The property's prime location in San Luis Obispo, within a well-established shopping center, guarantees a steady stream of potential customers. This is an excellent investment opportunity for those seeking a profitable, low-maintenance business with significant upside potential. The address is on Foothill Blvd, San Luis Obispo, CA 93405.

Highlights

  • Asking price: $210,000
  • Business type: Absentee-run boba shop in San Luis Obispo, CA
  • Location: High-visibility shopping center near a grocery store with ample parking.
  • Financial performance: Gross revenue approximately $25,000, net income approximately $7,900.
  • Space: Approximately 1,200 square feet.
  • Rent: $4,100 NNN.

Property Details for 0 Foothill Blvd

Property type

Location Insight

City
San Luis Obispo
County
San Luis Obispo
State
California
Latitude
35.2941132
Longitude
-120.6755605
Foothill Blvd, San Luis Obispo, California

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0 Foothill Blvd
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