For Sale
$130,000

1001 Bidwell StFolsom, CA 95630

Profitable, established boba tea business.

Overview

Added:
Dec 11, 2024
Days on market:
115
This turnkey business opportunity presents a chance to acquire a well-established and profitable boba tea shop in Folsom, California. Located at 1001 E Bidwell St, 95630, this 1,008 square foot shop sits on a 27,795 square foot lot zoned C-2PD. The business, operating since 2020, boasts a strong online ordering presence and benefits from a high-traffic location. Priced at $130,000, it offers a compelling 58.5% cap rate with a current NOI of $63,627. The sale includes all trade fixtures and personal property, allowing for immediate operation. The buyer will assume the existing lease and employees, with the current owner providing training and assistance with the transition. While currently operating under the Sunright Tea Studio franchise (franchise agreement not included in sale), the buyer will need to rebrand and source supplies independently. The business entity is debt-free, making this a low-risk, high-reward investment opportunity. The property's APN is 071-0980-008-0000. This is a single-unit business built in 1991.

Highlights

  • Asking price: $130,000 for this established boba tea shop.
  • High cap rate of 58.5% based on a Net Operating Income (NOI) of $63,627.
  • Located at 1001 E Bidwell St, Folsom, CA 95630, in a high-traffic area with strong online ordering.
  • Includes all trade fixtures and personal property; buyer assumes existing lease, employees, and payroll.
  • 1,008 square feet on a 27,795 square foot lot, with C-2PD zoning.
  • Built in 1991, this business offers a turnkey operation with seller assistance and training.

Property Details for 1001 Bidwell St

Property type
Square Feet
1,008 SF
Year Built
1991
Units
1

Location Insight

City
Folsom
County
Sacramento
State
California
Latitude
38.6696597
Longitude
-121.155925
1001 Bidwell St, Folsom, California

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1001 Bidwell St
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