Wayne County, MI
This is a great opportunity to own a newer Boba Shop in Suburban Wayne County. This restaurant is located on a busy, high-traffic road with all equipment in excellent condition and maintained...
$79,900

Wayne County, MI

Wayne County, MI

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Dwight Culbreath
Empire Global Business Brokers
Serving Cook County, IL
Join Our Empire Conglomerate of Companies. At Empire GLOBAL Business Brokers you will work and serve people & organizations from multiple industries & walks of life. Advantages of owning an Empire Trademark Licensed office is rewarding & unprecedented in the short history of the business brokerage industry. Working with Bankers , financial professionals , Attorneys , Franchisor , Commercial loan brokers & different high level executives make for an honorable successful career & Business Brokerage practice. Other advantages of becoming a Empire trademark licensed office is our ability to provide multiple outlets & strategies to our business owners like Franchise development through our triangle company Empire Business Advisory Global & the immediate selling of our Franchisors units after their development & Franchise Ambassadors the Franchise sales leader for minorities will sell the franchised units. The Cost to open your Empire Trademark Licensed Office is only $15.000.00 with company financing available. You will need approximately $5000.00 for working capital , between $1500.00 to $3000;00 for furniture & equipment for office & $1000.00 for travel to IL Headquarters for training if out of State, for a total of $21500.00 to $23000.00 cost. Here's some of the things that will be covered in training. Appraising the real fair market value of a business or franchise resale for hundreds of thousands of different kinds of businesses & franchise systems. Establishing the real world price of the business or franchise resale. Strategies & techniques of selling a business or franchise using our proprietary unique system & triangle approach with 3 companies to selling businesses and Franchises Hiring & training a salesperson. Widening our network of listings Understanding & using the correct agreements & contracts. Using our 3 company triangle approach to national marketing. The psychology of a Unique Empire Trademark licensed business broker. Using our unique 27 profit centers to bridge the sometimes lengthy time it can take to close big deals. We want to take this opportunity to thank you for reading about our business brokerage opportunity. Our social So, if you’re ready to avail the services of the finest business brokers the US, get in touch with us today! Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com
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| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 77 |
| Asking Price | $155,000 |
| Reported Revenue | $336,833 |
| Reported Seller's Discretionary Earnings | $71,342 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $125,000 | $155,000 | $245,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Boba Tea and Dessert Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $225,000 | $51,202 |
| Median | $336,833 | $71,342 |
| Upper Quartile | $500,000 | $117,150 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Boba Tea and Dessert Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.36 | 1.52 |
| Median | 0.53 | 2.32 |
| Upper Quartile | 0.75 | 3.24 |
FAQ's
How much does it cost to buy a Boba Tea and Dessert Shop?
The median asking price for an established Boba Tea and Dessert Shop is $155,000, though prices range from under $125,000 to well over $245,000.
How much do Boba Tea and Dessert Shops owners earn?
The median reported revenue of Boba Tea and Dessert Shops is $336,833 and owners earn a median of $71,342, which includes the owners salary and any other financial benefits they receive.
How do I value a Boba Tea and Dessert Shop?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Boba Tea and Dessert Shops, revenue multiples range from 0.36 to 0.75, with a median of 0.53. Earning multiples range from 1.52 to 3.24, with the median at 2.32. This means the typical Boba Tea and Dessert Shop may ask for around 0.53 times its annual revenue, and 2.32 times its annual owner earnings.
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