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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd #195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com
jimmyhyuvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd #195
Artesia, CA 90701
(562) 402-2686
www.vrbusinessbrokers.com
jimmyhyuvrbb@gmail.com

Business Listing Details

LISTING#:
01984725JYRK

D0000: Miscellaneous Food Service
Lollicup Fresh Franchise, Help Run, Mall Location
LOCATION: Orange County
  
ASKING
PRICE

$350,000
AMOUNT
DOWN

$350,000
REVENUES:
  
$689,000
DISCRETIONARY
EARNINGS

$60,000
TOTAL
ASSETS

$325,000
This is Lollicup Fresh franchise located in major mall in Orange County.  Lollicup brand is one of the first shops to introduce boba/bubble milk tea to Southern California.  Lollicup Fresh has been introduced in 2014 as a Franchise system to continue serving their proud handcrafted beverages, fresh snacks, and meals for customers. Tea and tea shops have become a growing trend among Americans in recent years and tea is becoming increasingly popular among millennials. 
This particular store is a corporate owned flagship store.  It was established in 2015 and have been successful for almost 4 years.  The annual volume is upper $600K with low food cost (22%).  Full kitchen. Currently there are 1 full time and 13 part time employees.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  JIMMY H YU
Phone:  (562) 402-2686
Cell:  (714) 747-7584
E-Mail:  jimmyhyuvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd #195
Artesia, CA 90701
www.vrbusinessbrokers.com
Listing Number:  01984725JYRK
 


Beautiful modern counter top

Modern Signage

Food Court Setting

Popular Drink Menu