Whittier, CA 90601

$120,000

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Property Description

Chami Tea Bar – a profitable non-alcoholic juice tea bar established since August 2019, located at the SW corner of Beverly Blvd and Norway Blvd inside the Model Plaza Shopping Center. Turnkey operation, easy to operate business. Average sale volume is approximately $26,000/month with monthly average net income approximately $10,000-14,000. Past years sales averaged $320,000/year with averaged net income of approximately $122,700/year. Rent including Landlord’s operating expenses totaling only $1,969/month. All business equipment has been paid off. The tea bar opens 11am-9pm every day. No competition nearby! Great location, near the Rio Hondo College and close to the 605 freeway off the Beverly Blvd exit. Current lease expires on March 31, 2027 with an additional 60 months lease extension option. Seller works at the business approximately 12 hours a week. Seller is selling the business because of the seller’s desire to spend more time with family. Call today and don’t miss this great turnkey business opportunity!

Listing Information

List Price $120,000
Status Active
MLS TR24179097
Type Business
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Courtesy Of Keller Williams Signature Realty
Listing Agent Tony Lam DRE#01944496
Co-Listing Agent Xin Zhang DRE#01956884

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Tony Lam, Xin Zhang, Keller Williams Signature Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.